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Dan Ives Compares Sam Altman's World Network To Tesla, Nvidia, Palantir In Their Infancy: 'An AI Meets Crypto Intersection'
Yahoo Finance· 2025-09-23 11:31
Group 1 - Wall Street tech analyst Dan Ives believes World Network (WLD) has the potential to become a leading authentication technology in the AI revolution [1] - Ives views the initiative as an infrastructure technology rather than a cryptocurrency, predicting it will serve as the "single sign-on for AI" in the future [2] - Ives compares World Network's identity verification project to early-stage tech companies like Tesla, NVIDIA, and Palantir, stating it is "many years ahead" of its competition [4] Group 2 - Ives defends World Network against privacy concerns, claiming it is a privacy-driven solution where data is only stored temporarily and users have control over their data [5] - Following his appointment as chairman of Eightco, the firm has adopted World Network's native token, WLD, as its primary reserve asset [5] - Bitmine Immersion Technologies Inc., led by Tom Lee, disclosed a $20 million investment into World Network [5]
Dan Ives Compares Sam Altman's World Network To Tesla, Nvidia, Palantir In Their Infancy: 'An AI Meets Crypto Intersection' - BitMine Immersion Techs (AMEX:BMNR), NVIDIA (NASDAQ:NVDA)
Benzinga· 2025-09-23 04:12
Group 1 - Dan Ives, a Wall Street tech analyst, believes World Network (WLD) has the potential to become a leading authentication technology in the AI revolution [1] - Ives views the initiative as an infrastructure technology rather than a cryptocurrency, predicting it will become the "single sign-on for AI" [2] - The identity verification project is considered "many years ahead" of its competition, similar to early perceptions of Tesla, NVIDIA, and Palantir [3] Group 2 - Ives defends World Network against privacy concerns, stating it is a privacy-driven solution where data is controlled by users [4] - The project captures people's irises to confirm identity and build a digital ID, allowing users to receive free WLD tokens, but has faced personal data privacy concerns and is outlawed in Hong Kong, Kenya, and Spain [5] - At the time of writing, WLD was trading at $1.36, down 4.52% in the last 24 hours, but has surged 37% over the last month [5] Group 3 - Eightco shares experienced a 0.08% dip in after-hours trading after closing 6.18% lower at $12.00 during regular trading [6] - The stock is currently in a downward trend according to Benzinga's Edge Stock Rankings [6]