2023-07-08 12:45:39 ET
Dave Limp, senior vice president of devices and services at Amazon.com Inc (NASDAQ: AMZN), expects robots to be in every home in the next few years.
Amazon is pushing artificial intelligence
His remarks echo the growing interest in artificial intelligence. At the time of his writing, the S&P 500 has risen about 15% since the beginning of the year, mostly related to the rise of AI stocks.
Still, Amazon’s Limp seems to believe artificial intelligence is still in its early stages at this point. On CNBC’s “TechCheck,” he said:
We still have a lot of success left to show our customers. Robotics is one of them. Ten years from now, with everything going on with AI, it’s hard to imagine a future without at least one robot in every household.
In 2021, Amazon.com Inc introduced Astro, a virtual assistant that doubles as a home robot for senior security and remote care. Earlier this year, the tech giant also launched Bedrock to expand its reach in generative AI (read more).
Rather, bets like this suggest that multinationals see a big future in artificial intelligence. Which one to focus on could be sprinkled with other names in the field, such as AltSignals.
AltSignals to Launch AI-Driven Trading Tool
AltSignals is a financial technology company that provides a trading signals service called “AltAlgo”.
But it is far from your run-of-the-mill average platform that lets you know when to take or exit financial assets like stocks and cryptocurrencies. It is different and enhanced in some respects compared to other products.
First, AltSignals wants to integrate cutting-edge trading algorithms and artificial intelligence in its upcoming service, ActualizeAI. The idea is basically to use AI to further enhance the quality and accuracy of investors’ trading signals to maximize profits.
Second, we have our own native $ASI token, which is the actual key to unlocking everything this platform has to offer. Crypto assets are currently on presale.
AltSignals’ $ASI token is an investment in itself
Please note that AltSignals is ultimately aiming to move to a fully decentralized service. Simply put, this is a platform that wants the community to have decision-making power, and that’s where the $ASI token intervenes.
Similar to stock, Native Tokens entitle you to have your voice heard on issues important to AltSignals’ future.
Interestingly, however, the $ASI token is also an investment that can pay off over time, depending on supply and demand. For example, he is currently at $0.018 and is estimated to reach $0.022 by the time the presale ends.
This equates to an increase of about 25%. What’s more, the ongoing pre-sale Stage 2 has already raised more than $1.1 million, suggesting strong demand, which is good news for investors.
Can the $ASI Token Benefit from a Spot Bitcoin ETF?
It’s worth mentioning here that other tokens such as Pepe and Floki experienced significant price increases when they went public on major cryptocurrency exchanges earlier this year. This is still a long way off for AltSignals, so it paints a pretty rosy picture of the future of the $ASI token.
On top of that, the cryptocurrency has been on the rise recently following the filing of spot bitcoin ETFs by prominent asset managers, including giant BlackRock. Many believe that if the SEC greenlights such a listed ETF, the market will open the door to the next step, but given that the core is cryptocurrency, this is not the case for $ASI. It could be another tailwind for tokens.
Remember, BlackRock has a history of getting approval for nearly every ETF we’ve ever submitted. Finally, with the artificial intelligence market expanding at his CAGR of over 20% and now projected to surpass his $2 trillion in valuations by the end of the decade, the AI name AltSignals is making that wave. may ride on
Putting it all together, we believe the native $ASI token could be worth 5 cents in early 2024. For more information on the presale, please visit the AltSignals website here.
“Amazon sees big future in AI, which may be good news for AltSignals ($ASI),” the post first appeared on Invezz.
