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Crypto CEO Buys AI.com Amidst Hype
7 Feb
Summary
- Crypto.com CEO acquired AI.com for his new company.
- AI.com offers a customizable AI agent for various tasks.
- Launch coincides with AI industry hype and crypto winter.
Kris Marszalek, the CEO and co-founder of the crypto and stock trading platform Crypto.com, has acquired the domain AI.com. This domain will now serve as the primary online presence for his new company, also named AI.com.
The new venture, AI.com, is launching with a Super Bowl advertisement and introduces an AI agent. This agent is designed to act on a user's behalf, capable of organizing work, managing messages, and executing tasks across various applications. Users can create multiple agents for different purposes, such as trading stocks or updating personal profiles, with a focus on privacy and permissions.
The launch of AI.com occurs during a highly hyped period for the artificial intelligence industry. This timing parallels Crypto.com's significant expansion into the mainstream market in late 2021 and early 2022. AI.com's offering of an agent aligns with current industry trends, following similar announcements from companies like OpenAI, Anthropic, and Google.
This strategic move by Marszalek comes during a challenging period for cryptocurrencies, often referred to as a "crypto winter." Despite this, the AI.com launch signifies a significant investment in the AI sector, suggesting that the future of artificial intelligence, much like cryptocurrency, may be unpredictable.
