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Market News

Aptos Labs Partners with Microsoft for Web3 and AI

The partnership also work on digital collectibles, online payments, and innovative forms of currency.

Written By:
Ronak Kumar

Last updated: August 9, 2023 3:20 PM
Published 2023-08-09
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Last updated: August 9, 2023 3:20 PM
Published 2023-08-09
Aptos Labs Partners with Microsoft for Web3 and AI

A company focused on new internet technologies, Aptos Labs, has announced a partnership with the tech giant Microsoft to make the concept of “web3” more accessible and user-friendly.

🤝 @AptosLabs partners with @Microsoft to take Web3 mainstream on Aptos!

This partnership is committed to accelerating global Web3 adoption using Microsoft Azure OpenAI Service.

Together, this will drive forward widespread adoption and Aptos ecosystem growth. Learn more 👇 https://t.co/okqQSINFtS

— Aptos (@Aptos) August 9, 2023

To address the complexity of web3, Aptos Labs and Microsoft are collaborating on “Aptos Assistant,” a user-friendly program. This AI-driven tool will answer web3 queries in everyday language, catering to both newcomers and tech experts developing web3 applications.

Aptos Labs’ CEO, Mo Shaikh, stated, “Artificial Intelligence and blockchain technologies are quickly converging for one important reason: they are both generational breakthroughs that profoundly impact the evolution of the internet and shape society.” 

Rashmi Misra, General Manager of AI & Emerging Technologies at Microsoft, said, “By fusing Aptos Labs’ technology with the Microsoft Azure Open AI Service capabilities, we aim to democratize the use of blockchain enabling users to seamlessly onboard to Web3 and innovators to develop new exciting decentralized applications using AI.”

The partnership will also explore novel concepts, such as digital collectibles, online payments, and innovative forms of currency. Additionally, the companies will work together to enhance the security and reliability of web3.

This collaboration is pivotal in simplifying web3 complexities and bridging the gap for users and developers while paving the way for innovative applications and heightened web3 security.

Also Read: Goldman Sachs and Microsoft Leverage AI for Next Crypto Bull Run

Disclaimer: The information researched and reported by The Crypto Times is for informational purposes only and is not a substitute for professional financial advice. Investing in crypto assets involves significant risk due to market volatility. Always Do Your Own Research (DYOR) and consult with a qualified Financial Advisor before making any investment decisions.

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TAGGED:Artificial Intelligence (AI)Microsoft
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Ronak Kumar- Crypto Journalist at The Crypto Times
By Ronak Kumar
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Ronak Kumar is a Crypto Journalist with over 3 years of experience covering blockchain, AI, finance, and emerging digital trends. With a background in Commerce (B.Com) and a Postgraduate Diploma in Management (PGDM), he combines business insight with a clear understanding of the evolving crypto space. His reporting has been featured in major publications, with his work cited by NDTV, Hindustan Times, and Outlook India on topics like Trump Memecoin, Bhutan’s crypto mining, and Barron Trump’s digital presence.

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