The Crypto Partner Program, announced Wednesday, gathers more than 85 companies across the blockchain, fintech, and traditional banking sectors, including Binance, Circle, Gemini, PayPal, Paxos, Ripple, BitGo, and Crypto.com. The program is designed to explore practical applications for on-chain technology within existing payment infrastructure, focusing on areas such as cross-border transfers, business-to-business payments, and global payouts.
Addressing one of the most persistent critiques of the current artificial intelligence boom, CoreWeave CEO Michael Intrator pushed back against the narrative of a "circular AI economy" in an appearance at the Fortune Brainstorm AI conference in San Francisco. While skeptics often point to the tangled web of investments between chipmakers, cloud providers, and AI startups as a financial bubble, he argued that deep industry collaboration is the only viable response to a historic supply chain crisis.
The group, operating as the Water-AI Nexus Center of Excellence, said it is seeking to draw on the combined knowledge of its participants, working in academia, the water industry, utility sectors and tech to ensure AI growth does not come at the expense of the world's water supplies. "By maximising efficiency, eliminating unnecessary water use and investing in community-tailored solutions, we can collectively ensure that technological advancement and environmental stewardship will - and must - advance together," the group said, in a statement.