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Both the entities are coming together for joint venture to explore Web3 space.
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APT token was trading at a market price of $7.4 losing 3.4% in the last 24 hours.
Microsoft, a prominent software producer, and blockchain firm Aptos Labs have joined forces to harness artificial intelligence for wider integration of web3 technologies. This collaboration’s announcement triggered a notable effect on the value of APT, the native token of Aptos Network, as it experienced an impressive surge of nearly 15%. Presently, APT is being traded at a market price of $7.31 as of the time of this report.
According to the official statement, Aptos Labs will leverage Microsoft’s Azure OpenAI Service, an integral component of the Azure cloud platform. Despite the press release, doubts persist among users concerning the concepts of blockchain and web3. This partnership aims to narrow this knowledge gap, facilitating the dissemination of these technologies and fosteri
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