Armstrong’s statements come as Coinbase launches a $15K bot accelerator.
Cryptocurrency exchange Coinbase recently launched an artificial intelligence accelerator grant program to award $3K to five projects focused on combining AI with crypto wallets.
According to Coinbase CEO Brad Armstrong, large language models (LLMs) — the technology behind AI systems such as OpenAI’s ChatGPT and Anthropic’s Claude — could accomplish finance-related tasks if they were properly equipped.
Coinbase engineering lead Yuga Cohler posted a demo of the “AI Wallets” feature to X on Aug. 12. In the demo, Cohler demonstrates a scenario where an organization is paying people to participate in human-feedback sessions to train an image recognition model.
