Microsoft, Aptos Labs To Create AI-Powered Web3 Assistant To Simplify User Transition From Web2
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Microsoft (NASDAQ:MSFT) and Aptos Labs are collaborating to integrate artificial intelligence with blockchain to simplify the transition for users into the Web3 realm using the Microsoft Azure OpenAI Service. Aptos Labs will launch the Aptos Assistant, a secure and user-friendly bridge from Web2 to Web3. The collaboration will explore solutions like asset tokenization, payments and central bank digital currencies to further boost Web3 adoption in the financial sector.
August 09, 2023 | 8:08 pm
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Microsoft's partnership with Aptos Labs to create an AI-powered Web3 assistant could potentially boost its position in the AI and blockchain market, potentially leading to increased revenues.
The partnership with Aptos Labs allows Microsoft to leverage its Azure OpenAI Service in the emerging Web3 market. This could potentially increase the adoption of Microsoft's AI and blockchain services, leading to increased revenues. However, the impact will depend on the success of the Aptos Assistant and the rate of Web3 adoption.
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