news 
Title: TAO, NEAR, ICP Soar as Google & Meta Double Down on AI Investments
The world of artificial intelligence has taken a significant leap forward with recent announcements from tech giants Google and Meta. The duo’s substantial investments in the development of AI infrastructure have sent shockwaves throughout the crypto market, particularly among AI-focused tokens such as Bittensor, Near Protocol, and Internet Computer.
Google’s CFO Ruth Porat recently revealed that the company is investing a staggering $25 billion in data centers and AI infrastructure across the PJM grid, covering 13 U.S. states. This monumental decision comes with a separate $3 billion agreement to modernize two hydropower plants in Pennsylvania, making it the largest clean energy deal linked to AI demand.
On the other hand, Meta is pouring hundreds of billions of dollars into creating AI superclusters, including Prometheus and Hyperion, scheduled for launch in 2026. The planned Hyperion cluster will be massive, potentially rivaling the footprint of Manhattan itself.
These unprecedented moves by industry leaders have sparked widespread enthusiasm among investors, with AI-centric tokens experiencing a significant surge in value. TAO, NEAR, and ICP have seen their prices rise sharply in response to these developments.
TAO, for instance, has surged 19% over the past month and 32% over the last year. This impressive performance has led many analysts to speculate on a potential move toward $458 if it manages to break above the key resistance level of $440.
NEAR Protocol has also been gaining traction, climbing 2.27% in the last 24 hours and a staggering 15% over the past week. Its price now sits at around $2.74. The token’s potential is substantial if it can maintain its upward momentum, possibly targeting the psychological barrier of $3.
ICP has not been left behind either, with a recent rise of 7.21%. Currently trading at $5.62, the token seems to be regaining attention as interest in AI-powered blockchains continues to grow. Some enthusiasts have even suggested that ICP might reach $50, a feat that many are eagerly awaiting.
The market reaction has been nothing short of explosive, with AI-focused tokens like Bittensor leading the charge. NEAR’s unique blockchain operating system and cross-chain interoperability capabilities, as well as its staking ETP offered by Bitwise Asset Management on Germany’s Deutsche Börse Xetra exchange, have attracted significant interest.
As investors continue to pour funds into these AI-centric assets, it will be crucial for market analysts to monitor the situation closely.
Source: www.crypto-news-flash.com
