{"id":62041,"date":"2023-07-13T12:47:10","date_gmt":"2023-07-13T12:47:10","guid":{"rendered":"https:\/\/coinjournal.net\/news\/singularitynets-agix-price-outlook-as-ai-investments-rise\/"},"modified":"2023-07-13T12:47:10","modified_gmt":"2023-07-13T12:47:10","slug":"singularitynets-agix-price-outlook-as-ai-investments-rise","status":"publish","type":"post","link":"https:\/\/coinalsat.com\/en\/singularitynets-agix-price-outlook-as-ai-investments-rise\/","title":{"rendered":"SingularityNET\u2019s AGIX price outlook as AI investments rise"},"content":{"rendered":"\n<ul>\n<li dir=\"ltr\">\n<p dir=\"ltr\">Elon Musk, the richest man on earth, has started a new AI company.<\/p>\n<\/li>\n<li dir=\"ltr\">\n<p dir=\"ltr\">Nvidia made a $50 million investment in a biotech company using AI.<\/p>\n<\/li>\n<\/ul>\n<p dir=\"ltr\">SingularityNET price jumped sharply on Thursday as investors reacted to the latest investments in artificial intelligence (AI). AGIX, the network&#8217;s token, jumped to a high of $0.2640, the highest level since July 3rd.&nbsp;<\/p>\n<h2 dir=\"ltr\">AI investments rising&nbsp;<\/h2>\n<p dir=\"ltr\"><a rel=\"noopener\" target=\"_blank\" href=\"https:\/\/coinjournal.net\/news\/tag\/ai\/\"><u>Artificial Intelligence<\/u><\/a> has been a major theme this year as investors cheer the launch of key projects like OpenAI&#8217;s ChatGPT and Google&#8217;s Bard. As a result, most companies with an exposure to artificial intelligence like Nvidia and C3.ai have done well this year.<\/p>\n<p dir=\"ltr\">There are two main reasons why AGIX and other AI cryptocurrencies are rising. First, Elon Musk, the richest man in the world, announced that he had launched a new AI company known as X.ai.&nbsp;<\/p>\n<p dir=\"ltr\">Details about what the company will do and how it will work are still thin. Still, analysts believe that the company will seek to build a better AI model than ChatGPT and Bard.&nbsp;<\/p>\n<p dir=\"ltr\">Elon Musk has a long history with AI. For one, he was one of the initial funders of OpenAI. Also, a company like Tesla uses some AI features already. Therefore, investors believe that his involvement will lead to more growth in the industry.<\/p>\n<p dir=\"ltr\">Second, AI coins and stocks jumped after Nvidia announced a $50 million investment in Recursion, a biotech company. Recursion will use Nvidia&#8217;s cloud platform to handle over 23 petabytes of biological data. This is a sign that there are still more demand for the AI financial assets.<\/p>\n<h2 dir=\"ltr\">SingularityNET price forecast<\/h2>\n<p><img decoding=\"async\" loading=\"lazy\" src=\"https:\/\/media.igms.io\/2023\/06\/13\/1689252398038-c9c539eb-81c1-47ca-8e48-02947954c9c2.png\" style=\"width: 646px;height: 314.387px\" class=\"fr-fic fr-dib\" width=\"646\" height=\"314.387\"><\/p>\n<p dir=\"ltr\">The 4H chart shows that the AGIX crypto price has made a strong bullish trend in the past few days. It has moved above the important support level since June 20th. The coin has moved above the 25-period and 50-period moving averages. It is also approaching the important resistance level at $0.2693, the highest point on July 3rd.&nbsp;<\/p>\n<p dir=\"ltr\">Meanwhile, the token seems like it has formed a head and shoulders indicator while the Relative Strength Index (RSI) has moved above the overbought level. Therefore, a move above the right shoulder level of $0.26 will invalidate the bearish view. A move above the resistance at $0.2693 will lead to more upside, with the target being at $0.30.<\/p>\n<p>The post <a rel=\"noopener\" target=\"_blank\" href=\"https:\/\/coinjournal.net\/news\/singularitynets-agix-price-outlook-as-ai-investments-rise\/\">SingularityNET\u2019s AGIX price outlook as AI investments rise<\/a> appeared first on <a rel=\"noopener\" target=\"_blank\" href=\"https:\/\/coinjournal.net\">CoinJournal<\/a>.<\/p>\n","protected":false},"excerpt":{"rendered":"\n<p>Elon Musk, the richest man on earth, has started a new AI company. Nvidia made a $50 million investment in a biotech company using AI. SingularityNET price jumped sharply on Thursday as investors reacted to the latest investments in artificial intelligence (AI). AGIX, the network&#8217;s token, jumped to a high of $0.2640, the highest level [&#8230;]<\/p>\n<p>The post <a rel=\"noopener\" target=\"_blank\" href=\"https:\/\/coinjournal.net\/news\/singularitynets-agix-price-outlook-as-ai-investments-rise\/\">SingularityNET\u2019s AGIX price outlook as AI investments rise<\/a> appeared first on <a rel=\"noopener\" target=\"_blank\" href=\"https:\/\/coinjournal.net\">CoinJournal<\/a>.<\/p>\n","protected":false},"author":5,"featured_media":62042,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[48,43],"tags":[],"class_list":["post-62041","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-blockchain","category-crypto-news"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.3 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>SingularityNET\u2019s AGIX price outlook as AI investments rise - CoinAlSat.com<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/coinalsat.com\/en\/singularitynets-agix-price-outlook-as-ai-investments-rise\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"SingularityNET\u2019s AGIX price outlook as AI investments rise - CoinAlSat.com\" \/>\n<meta property=\"og:description\" content=\"Elon Musk, the richest man on earth, has started a new AI company. Nvidia made a $50 million investment in a biotech company using AI. SingularityNET price jumped sharply on Thursday as investors reacted to the latest investments in artificial intelligence (AI). 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