ChainDesk Develops AI Bot for Personalized Crypto News Delivery

Digital publication ChainDesk, covering financial and cryptocurrency markets, is developing a new AI bot that will deliver digital asset news to users based on their individual interests, according to people familiar with the matter.

The project, in its final stages of development, aims to create asystem that analyzes blockchain transactions, regulatory announcements, and market data in real-time, filtering information according to specific user preferences, two people with knowledge of the company's plans told Silicon Valley.

According to one of the sources, the platform employs machine learning algorithms to determine news relevance based on reading history, investment interests, and behavioral patterns. The system will offer personalized alerts about significant events in the digital asset market.

A ChainDesk representative confirmed the development of AI technology but declined to comment on specific details or launch timelines.

ChainDesk's initiative reflects a growing trend of artificial intelligence adoption in the media industry. According to a Gartner report published last month, approximately 30% of all news organizations will utilize AI for content personalization by 2025, an 18% increase compared to 2023 figures.

The current market capitalization of cryptocurrencies stands at approximately $2.4 trillion, according to CoinMarketCap data, attracting growing interest from both retail and institutional investors. This creates a need for more efficient market monitoring methods.

The launch of personalized news services comes amid increasing competition among cryptocurrency media outlets. Last month, The Block announced an expansion of its analyst team, while CoinDesk introduced a new platform for blockchain data analysis.

According to one source, a beta version of the service may be presented to select users as early as next month, with a full-scale launch planned for the third quarter of this year.