TechFlow reports, on January 5 the Binance Research Institute stated that interest in artificial intelligence (AI) has risen significantly in recent months, as reflected in Google search trends and rising prices of AI-related tokens.
In 2023, funding for Web3 projects related to AI surged to $298 million, exceeding the total funding of $148.5 million raised by AI projects from 2016 to 2022.
In 2023, the top five AI tokens by market capitalization performed exceptionally well, increasing between 200% and 650%, significantly outperforming Bitcoin and Ethereum.
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