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Imperial College London is one of the top-ranking universities in the United Kingdom and is also home to the Centre for Cryptocurrency Research and Engineering for research and application activity relating to cryptocurrencies and blockchain technology. Imperial College London announced a collaboration with AI startup FluidAI to tackle major issues in the crypto market, such as liquidity aggregation.They also have announced a partnership with artificial intelligence startup FluidAI to help troubleshoot issues in the digital asset market using emerging technologies.The university’s AI lab I-X will be working alongside FluidAI to improve the “tokenized market” for institutions, trading platforms and retail investors, according to the 21st August announcement. In particular, FluidAI says the crypto space’s issue of liquidity aggregation is of top priority. FluidAI CEO, Ahmed Ismail told Cointelegraph that solving liquidity issues in the industry was a primary motivator to start the company. Ahmed Ismail also said that the use of AI then helps to “eliminate the latency through prediction,” which could help provide “the best bid and ask prices in the market” from platforms to the liquidity providers or exchanges.The U.K. has been slowly pivoting itself to be ready for the penetration of AI-powered tools to hit its local industries. On 21st August, the government announced that it plans to spend $130 million on AI chips in order to set up an AI resource. This comes as many countries around the world scramble for resources to sustain and develop AI. A recent report claimed that nearly 20% of firms don’t have access to enough computing power to power AI. And in June, British Prime Minister Rishi Sunak said that Google, OpenAI and Anthropic have all agreed to provide the U.K. with early access to their AI models. So, that&#39;s a wrap for today’s WedNewsDay, we hope you all enjoy the read! Stay tuned for next week’s WedNewsDay and don’t forget to follow our social media accounts. Thank you!Follow us onWebsite | <a href="https://werentnft.io/" rel="noopener noreferrer nofollow">https://werentnft.io/</a>Instagram | <a href="https://www.instagram.com/werent_nft/" rel="noopener noreferrer nofollow">https://www.instagram.com/werent_nft/</a>Twitter |<a href="https://twitter.com/WebuyOfficial" rel="noopener noreferrer nofollow"> </a><a href="https://twitter.com/WerentOfficial" rel="noopener noreferrer nofollow">https://twitter.com/WerentOfficial</a>Medium |<a href="https://medium.com/&#64;webuynft" rel="noopener noreferrer nofollow"> </a><a href="https://medium.com/&#64;werentnft" rel="noopener noreferrer nofollow">https://medium.com/&#64;werentnft</a>Facebook | <a href="https://www.facebook.com/werentnft" rel="noopener noreferrer nofollow">https://www.facebook.com/werentnft</a>Youtube | <a href="https://www.youtube.com/&#64;WeRentNFT" rel="noopener noreferrer nofollow">https://www.youtube.com/&#64;WeRentNFT</a>

WEDNEWSDAY! Top UK university partners with AI startup to analyze crypto market!

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