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Crypto

DCG-backed Uma launches Bittensor investment fund for institutions

Uma, backed by Digital Currency Group, has launched an institutional investment product called the Uma Total Market Fund. The fund offers exposure in one vehicle to Bittensor’s native token TAO and AI-focused subnets, allowing institutions to invest across the Bittensor ecosystem without selecting individual subnet tokens. Uma said the combined value of 128 subnets exceeds $900 million. Interest and related products tied to TAO are also expanding among asset managers.

Crypto

AI infrastructure investment to grow; expectations rise for AI coins on Nvidia tailwind

Nvidia’s market value surpassing $5 trillion is directly affecting the cryptocurrency market as expectations grow for AI-linked tokens. Traders are watching Nvidia’s performance and AI equipment investment trends as key variables for tokens such as Bittensor (TAO), Render (RNDR) and Fetch.ai (FET). Nvidia shares recently traded around $222 to $230 and hit a record close of $236.74 on May 14. Big tech firms are expected to invest $660 billion in AI infrastructure in 2026.

AI & Enterprise

Google DeepMind releases one-year results for AlphaEvolve; DNA variant detection errors cut 30 percent

Google DeepMind released one-year results for its generative AI tool AlphaEvolve, highlighting measurable performance gains across multiple fields. In life sciences, it cut DNA variant detection errors in the DeepConsensus model by 30 percent. In power grids, a model’s feasible-solution rate for AC optimal power flow rose from 14 percent to more than 88 percent. It also improved disaster-risk forecasts, proposed lower-error quantum circuits, and was applied to Google infrastructure and commercial use cases.