Truflation launches AI index to track generative AI performance | Headlines | News | CoinMarketCap

10/08/2024 23:30
Truflation launches AI index to track generative AI performance | Headlines | News | CoinMarketCap

Truflation, a financial data provider, has launched its own AI Index, a tool designed to monitor the performance of companies in the generative AI …

Truflation, a financial data provider, has launched its own AI Index, a tool designed to monitor the performance of companies in the generative AI sector and the real-world assets supporting them.

This launch — shared with crypto.news via a press release — coincides with significant growth in the global generative AI market, currently valued at $44.89 billion and projected to reach $1.3 trillion by 2032. 

The AI Index consists of six companies: Artificial S-Intelligence Alliance, Akash Network, AIOZ Network, Bittensor, Echelon Prime, and Render.

Stefan Rust, CEO of Truflation, said the index “targets investors seeking growth by leveraging real-time data and diversifying across core asset classes.”

The index serves as a benchmark for both traditional and decentralized finance …

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