PlayAI Mainnet Launch Ignites Market as Kaito Funding Hits $6.3M Milestone

Artificial intelligence meets blockchain reality as PlayAI goes live with full mainnet deployment.

The Funding Frenzy

Kaito's community round just pushed total investment to $6.3 million—proving that when you combine AI with crypto, even traditional VCs can't resist throwing money at the hype train.

Mainnet Momentum

No more testnets or promises. PlayAI's live deployment means actual users can now interact with the platform's AI-powered trading infrastructure. The timing couldn't be better—or more calculated.

Market Impact

While Wall Street analysts debate whether AI tokens are the next big thing or just another bubble, $6.3 million in fresh funding suggests investors have already made up their minds. Because nothing says 'solid investment' like pouring millions into unproven technology during a market frenzy.

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The hike follows news of AMD’s partnership with OpenAI and plans to deploy 50,000 AI chips in Oracle’s (ORCL) data centers. These deals have boosted investor confidence in AMD’s role in powering the next wave of AI infrastructure.

HSBC Sees More Upside in AI Chips

Lee said AMD’s new MI450 AI chips are strong enough to compete with Nvidia’s (NVDA) products. He estimates the OpenAI deal could bring in about $80 billion in revenue by 2030 if demand keeps rising.

The analyst believes most investors still underestimate AMD’s potential. “We think the Street has undervalued AMD’s AI GPU business,” he wrote, noting that his forecasts are 50% higher than consensus for 2026 and 45% above for 2027. He also sees room for higher pricing and more chip shipments as AI adoption spreads.

Lee added that AI chip demand is still in the early stages and could stay strong for years.

Is AMD Stock a Buy, Sell, or Hold? 

HSBC’s bullish call adds to growing Optimism on AMD across Wall Street. Analysts say stronger visibility in its data center business and rising demand for AI accelerators could help AMD close the gap with Nvidia.

Currently, Wall Street has a Strong Buy consensus rating on Advanced Micro Devices stock based on 30 Buys and 10 Holds. The average AMD stock price target of $248.83 indicates about 4.29% upside potential.