Perplexity AI Teams With Coinbase Teams To Boost Crypto Intelligence

Key Points

1. Perplexity AI's browser, Comet, now ingests Coinbase’s market data, providing real-time explanations for price movements and market trends.

2. Phase 2 of the partnership will integrate Coinbase’s data into Perplexity’s AI-driven answers, allowing users to ask questions like 'Why is Solana up today?' and receive context-aware responses.

3. The collaboration aims to simplify crypto market analysis, making it more accessible for both individuals and institutions, including startups, hedge funds, and compliance teams.

4. The broader data analytics market, crucial for AI-powered platforms like Perplexity, is projected to grow from USD 69.5 billion in 2024 to USD 302 billion by 2030, driven by a 28.7% CAGR.

5. The partnership represents a convergence of AI and blockchain, enabling faster decision-making and laying the groundwork for autonomous AI agents with crypto wallets.