Blog

Coinbase partners with perplexity AI to include market data


On Thursday, the CEO of Coinbase Global (NASDAQ: Coin), Brian Armstrong, announced a collaboration with a confused, a search engine enabled by AI that answered the questions of users with a mentioned, real-time data obtained from the web.

According to Armstrong, the transition will incorporate crypto exchange market data to the large Perplexity (LLM) language model (LLM), further connecting AI and Crypto and helping users make smarter decisions about digital ownership.

Source: Brian Armstrong

Collaboration is combined in two stages. Starting Thursday, confusion will take market data from Coinbase, including from here Coin50 indexWith the power of “market review” in the new perplexity comet browser.

The next step, which is expected to be “soon,” will see responses to user queries that are linked to Coinbase market data, which provides a direct connection between the interface and coinbase of perplexity.

AI bots can conduct trading and manage portfolios

As LLMs continue to reshape how users are looking for online information, coinbase cooperation with confusion aims to give users a trip between their crypto questions and Coinbase’s terminals. The collaboration also sets the stage for further integration between AI chatbots and crypto exchanges.

So far, confusion will show market data and prices originated with Coinbase. However, as the integration grows old and emerging the LLMs, confused and so on AI chatbots can fulfill crypto ordersRebalance Portfolio, and manage staking and yield, changing a main Q&A window at a full-service trading desk.

While the degree of integration between AI chatbots and crypto has not yet occurred, the Coinbase moves quickly in that direction. Back in August 2024, Armstrong wrote that “LLMs should have crypto wallets. “A few weeks later he managed the first Crypto transaction is managed in full of AI bots.

Related: Coinbase opens off-exchange settlement for institutions amid ‘high’ demand

AI’s appreciation losses grow as LLM breeds eat

Perplexity was established in San Francisco in August 2022 by Aravind Srinivas, a former researcher in Openai, and quickly gained significant compliance from users who value chatbot’s focus on pulling real-time information. While the current number of perplexity is unknown, in an interview in January 2024 with Bloomberg technologySrinivas said the platform was “more than 10 million users.”

In contrast, Openai chatgpt has more than 800 million active weekly users, according to the industry Data.

Ever since it was established, the company has raised more than $ 900 million in funding, including A Series B round that Nvidia’s backDatabricks, and NEA. By the end of 2024, the confusion would cost about $ 9 billion.

The news of cooperation with Coinbase came just one day after the confused release of the comet, a web browser with agent tools aimed at competing with Google. In January this year, losses submitted a bid to combine Try us.

https://www.youtube.com/watch?v=UWKZDUXMZ0U

Magazine: Vitalik at AI Apocalypse, La times both-sides KKK, LLM Grooming: Ai Eye