The US Department of Justice has subpoenaed Nvidia in a case involving digital currencies and artificial intelligence.
The value of cryptocurrency tokens based on artificial intelligence (AI) has plummeted. The downgrade came after the US Department of Justice subpoenaed NVIDIA and several other technology companies as part of an antitrust investigation. This news caused Nvidia shares to fall again, after having already suffered a drop of $279 billion. In the last 24 hours, the market value of AI-related tokens has fallen by approximately 7.6% to $20.6 billion. Major digital currencies in the field of artificial intelligence, such as Internet Computer (ICP), NEAR (NEAR) and Injective (INJ), have suffered significant declines. The biggest decline was due to the Bittensor token (TAO), which fell by 11%.
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