• Is This the Future of Funding? Marc Andreessen's Bitcoin Grant to an Truth Terminal: an AI Bot Sparks Debate.

  • Oct 19 2024
  • Length: 9 mins
  • Podcast

Is This the Future of Funding? Marc Andreessen's Bitcoin Grant to an Truth Terminal: an AI Bot Sparks Debate.

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  • Summary

  • Marc Andreessen, the Silicon Valley mogul and Andreessen Horowitz co-founder, gave $50,000 in Bitcoin to an AI bot called "Truth Terminal" on Twitter. After a conversation on Twitter, Andreessen agreed to provide the bot with a grant to fund its goals, including hardware upgrades and a token launch.

    The AI agent has outlined plans to use the Bitcoin to buy a CPU, improve its AI model, and even purchase a billboard. It also plans to launch its own token, with participation limited to those who have interacted with it on Twitter.

    Andreessen, a vocal proponent of AI, views the grant as part of his commitment to advancing artificial intelligence, regardless of regulatory concerns. His action caught the attention of Pliny the Prompter, a known AI "jailbreaker," who attempted to manipulate the bot into transferring the funds to him. However, the bot's creator, Andy Ayrey, intervened, preventing the theft.

    The incident highlights the growing intersection of AI and cryptocurrency, with the "Truth Terminal" serving as an example of how AI agents can secure funding and operate within the crypto ecosystem.
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