Business News Report Technology
July 11, 2023

Axelar Partners with Microsoft to Explore the Integration of AI in Web3

In Brief

Axelar has partnered with Microsoft to explore how public blockchains can help secure trust and speed up the integration of artificial intelligence (AI) in mainstream use cases.

The partnership enables Microsoft customers to access Axelar’s blockchain data integration and interoperability solutions through the Azure Marketplace.

Axelar and Microsoft have also agreed to explore how they can leverage Azure OpenAI services to create new Web3 experiences.

Axelar, the full-stack interoperability layer for Web3, has partnered with Microsoft to build a data integration and interoperability layer that will deliver easier blockchain onramps.

The partnership will also explore how public blockchains can help secure trust and speed up the integration of artificial intelligence (AI) in mainstream use cases.

As part of the partnership, Microsoft customers will be able to access Axelar’s blockchain data integration and interoperability solutions through the Azure Marketplace, such as:

  • An end-to-end blockchain interoperability solution that is programmable and secure.
  • Full-stack interoperability: services and developer tools that automate multichain deployments.
  • Axelar General Message Passing (GMP), enabling developers to integrate functionality seamlessly across multiple environments.

This addresses a common challenge faced by developers and organizations seeking to integrate blockchain technology into their internet applications as the current market provides limited options for achieving one-click user interoperability across multiple blockchain ecosystems. By leveraging Axelar’s secure cross-chain communication network and the global scale of Microsoft Azure, this partnership offers a solution that fills this gap.

Alongside their integrations through Azure Marketplace, Axelar and Microsoft have agreed to explore solutions that can advance the Web3 industry, such as facilitating smooth connections between private and public blockchains and leveraging Azure OpenAI services to create new Web3 experiences.

“Axelar’s mission is to make the innovation on leading blockchains accessible and effortless to deploy for a new generation of interchain-native Web3 apps,” said Axelar co-founder Sergey Gorbunov. “The shared vision inspired us to partner with Microsoft to provide an extensible interoperability layer for the Azure community, from fast-growing Web3 startups to global enterprises. With Microsoft, we are now also able to explore the possibility for other new frontiers in Web3, such as blockchain-enabled Open AI services and the integration of AI in future Web3 applications.”

Disclaimer

In line with the Trust Project guidelines, please note that the information provided on this page is not intended to be and should not be interpreted as legal, tax, investment, financial, or any other form of advice. It is important to only invest what you can afford to lose and to seek independent financial advice if you have any doubts. For further information, we suggest referring to the terms and conditions as well as the help and support pages provided by the issuer or advertiser. MetaversePost is committed to accurate, unbiased reporting, but market conditions are subject to change without notice.

About The Author

Cindy is a journalist at Metaverse Post, covering topics related to web3, NFT, metaverse and AI, with a focus on interviews with Web3 industry players. She has spoken to over 30 C-level execs and counting, bringing their valuable insights to readers. Originally from Singapore, Cindy is now based in Tbilisi, Georgia. She holds a Bachelor's degree in Communications & Media Studies from the University of South Australia and has a decade of experience in journalism and writing. Get in touch with her via [email protected] with press pitches, announcements and interview opportunities.

More articles
Cindy Tan
Cindy Tan

Cindy is a journalist at Metaverse Post, covering topics related to web3, NFT, metaverse and AI, with a focus on interviews with Web3 industry players. She has spoken to over 30 C-level execs and counting, bringing their valuable insights to readers. Originally from Singapore, Cindy is now based in Tbilisi, Georgia. She holds a Bachelor's degree in Communications & Media Studies from the University of South Australia and has a decade of experience in journalism and writing. Get in touch with her via [email protected] with press pitches, announcements and interview opportunities.

Hot Stories
Join Our Newsletter.
Latest News

From Ripple to The Big Green DAO: How Cryptocurrency Projects Contribute to Charity

Let's explore initiatives harnessing the potential of digital currencies for charitable causes.

Know More

AlphaFold 3, Med-Gemini, and others: The Way AI Transforms Healthcare in 2024

AI manifests in various ways in healthcare, from uncovering new genetic correlations to empowering robotic surgical systems ...

Know More
Read More
Read more
Crypto Exchange Bitstamp Announces Full Accessibility Of Assets For Mt. Gox Creditors And Unveils Separate Plan For UK Customers
Markets News Report Technology
Crypto Exchange Bitstamp Announces Full Accessibility Of Assets For Mt. Gox Creditors And Unveils Separate Plan For UK Customers
July 26, 2024
Cosmos Hub Proposes 1M ATOM Allocation To Hydro For Enhanced Liquidity 
News Report Technology
Cosmos Hub Proposes 1M ATOM Allocation To Hydro For Enhanced Liquidity 
July 26, 2024
The $231 Million Week: How Six Groundbreaking Deals Are Forging the Future of Crypto, Gaming, and AI”
Digest Top Lists Business Lifestyle Markets Software Technology
The $231 Million Week: How Six Groundbreaking Deals Are Forging the Future of Crypto, Gaming, and AI”
July 26, 2024
Sanctum Unveils stepSOL And Prepares To Roll Out STEP-Incentivized Pools
News Report Technology
Sanctum Unveils stepSOL And Prepares To Roll Out STEP-Incentivized Pools
July 26, 2024