•Aptos Labs has partnered with Microsoft to expand their blockchain infrastructure across the Web3 space.
•The partnership will leverage Microsoft’s AI infrastructure, including its Azure OpenAI Service, to power new AI and blockchain-based products.
•Aptos tokens surged 18% in early afternoon trading on Wednesday following the news.
Aptos Labs Partners with Microsoft
Aptos Labs has announced a major partnership with Microsoft as it looks to expand its blockchain infrastructure across the Web3 space. The Aptos token rose 18% in early afternoon trading on Wednesday after the news was released.
Leveraging Azure OpenAI Service
The collaboration will leverage Microsoft’s Azure OpenAI Service to streamline and scale dApps and create AI-powered tools tailored for developers building on the platform. The Aptos team plans to use this service to power new products such as Aptos Assistant, a chatbot that will be used to easily access information about the Aptos ecosystem. In addition, Move, Apto’s native programming language, will be integrated into GitHub’s AI-powered Copilot service.
Expanding Accessibility of Blockchain Technology
The partnership is aimed at making sure that blockchain technology is accessible to more people and organizations than ever before. Mo Shaikh, co-founder and CEO of Aptos Labs said: “Together with Microsoft, our shared vision is to ensure that this technology is accessible to more people and organizations than ever before”.
Streamlining Development Process
By leveraging these tools, developers building on the network can access data and resources necessary for deploying smart contracts and dApps quickly and efficiently. This will help them streamline the development process significantly whilst also increasing global access to Web3 solutions such as decentralized finance (DeFi) applications.
Conclusion
The partnership between Aptos Labs and Microsoft could greatly accelerate global adoption of Web3 by making it easier for developers building on networks such as Ethereum or Tron to release revolutionary applications powered by artificial intelligence (AI).