Erbie and AIFlow Forge Web3 Alliance to Decentralize AI Development
Two blockchain heavyweights just joined forces to tackle AI’s centralization problem—because nothing says ’trustless’ like a handshake between algorithms.
Erbie’s modular blockchain meets AIFlow’s distributed computing in a partnership that could reshape how machine learning models get trained, validated, and deployed on-chain. Early tests show sub-second latency for cross-chain AI inferences—though whether that impresses Wall Street’s AI hype traders remains to be seen.
The collaboration opens new tokenized data markets while sidestepping Big Tech’s stranglehold on training data. Participants can now stake, crowdsource, and monetize AI assets without intermediaries skimming 30% off the top.
Because if there’s one thing Web3 loves more than disrupting legacy systems, it’s creating new revenue streams for crypto-native builders. Just don’t mention the GPU costs.
Dollar gains and Fed expectations push gold and metals lower
While gold was already under pressure from technicals, the real punch came from the dollar index, which flipped its earlier weakness to trade 0.3% higher. That rise in the greenback made the yellow metal more expensive for international buyers, pushing even more out of the market.
At the same time, investors turned their eyes to Washington, where several Federal Reserve officials are expected to speak this week. Traders are also watching for Friday’s Core PCE inflation data, hoping it will offer clues about the central bank’s next rate move. Lower interest rates usually make non-yielding gold more attractive, but the current setup hasn’t moved that needle just yet.
Ole doubled down on the economic watchlist: “Gold traders will be watching incoming US economic data for signs of a tariff-related slowdown and/or a pick up in inflation.” Right now, markets are pricing in 47 basis points of cuts by year-end, with the first MOVE expected in October.
Rhona O’Connell, an analyst at StoneX, isn’t expecting much action near-term. “The shorter term outlook is unchanged: gold is still consolidating. We expect prices to remain supported while the markets contend with continued uncertainty, but we believe that the high is in,” she said.
It wasn’t just gold that got hit. Across the precious metals space, it was a rough session. Spot silver fell 0.9% to $33.06 per ounce. Platinum lost 0.7% to settle at $1,077.77. Palladium also slid 1%, ending the day at $978.01.
Elsewhere in Europe, equities were feeling the boost. The Stoxx 600 index rose 0.99% across the board. Every sector traded in positive territory, but automakers stood out. After losing 3% in the previous session, European car stocks surged 1.7% on Monday, directly reacting to the WHITE House’s tariff pause.
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