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Some $33 million worth of the tokens are set to be unlocked and tradeable on the open market.

Aptos token registers an 11.6% surge in response to a strategic collaboration with Microsoft, aiming to merge AI and blockchain to drive Web3 adoption. The partnership seeks to introduce innovative solutions and enhance security measures within the Aptos Network ecosystem.

Here, we dive deep into its price prediction, based on recent trends and predictive calculations. Let's take a look at this Aptos (APT) price prediction

Cryptocurrencies moved sideways on Thursday as traders waited for the upcoming US inflation data. They also wavered after the Securities and Exchange Commission (SEC) moved to appeal the partial victory by Ripple. Bitcoin was still consolidating at $29,500 while Ethereum was stuck at $1,850. Several altcoins were in the green.

Following the developer's announcement of a multiyear agreement with Microsoft to expand Web3, the price of Aptos (APT), the native token for the Aptos blockchain, has increased over 10%.

APT pumped 17.6% within the first 50 minutes before cooling off to $7.51 — still 11.6% above pre-announcement levels.

AI collaborations in the crypto sector aren't new, but this one is intriguing, to say the least.

Microsoft (NASDAQ: MSFT) and Aptos Labs are joining forces to integrate artificial intelligence with blockchain, aiming to simplify the transition for users into the Web3 realm using the Microsoft Azure OpenAI Service. What Happened: This collaboration seeks to address the challenges users face when navigating the Web3 ecosystem, leveraging the combined power of AI's generative capabilities and blockchain's inherent transparency.

Aptos Labs has partnered with Microsoft to integrate AI capabilities with blockchain technology

Solana (SOL) rival Aptos (APT) is reportedly partnering with tech giant Microsoft on a new push into artificial intelligence (AI) and web3 projects. According to a new TechCrunch report, Aptos Labs will integrate its blockchain technology with Microsoft's Azure OpenAI Service to quicken web3 adoption.

The partnership between Aptos Labs and Microsoft is aimed at tackling industry-specific challenges.

Aptos Labs and Microsoft have announced a strategic partnership to showcase the convergence of artificial intelligence (A.I.) and blockchain technologies.

Aptos said that the collaboration with Microsoft had been five years in the making.

Aptos Labs, the developer of layer1 blockchain network Aptos (APT), has partnered with Microsoft to “unlock Web3,” according to an Aug. 9 press statement shared with CryptoSlate. The blockchain network stated that the partnership would explore asset tokenization, payments, and Central Bank Digital Currencies (CBDCs).

Aptos Labs and Microsoft just signed a multiyear partnership to help drive Web3 adoption.

Aptos (APT) is on a massive bullish run today after the broader digital currency welcomed the news of its latest partnership with American multinational tech giant, Microsoft Incorporated. As announced by the protocol, the partnership will involve both firms exploring asset tokenization solutions as well as doubling down on digital payments and Central Bank Digital Currencies (CBDCs).

Microsoft is convinced that the future is AI and wants to leverage Aptos blockchain's proven capabilities in AI deployment in Web3.

Microsoft and Aptos Labs have announced a collaborative endeavor to integrate Microsoft's Azure OpenAI Service, thereby accelerating the mainstream adoption of web3 technologies. Aptos Labs, co-founded by Mo Shaikh and Avery Ching, has been at the forefront of blockchain innovation, having raised over $400 million from industry stalwarts like a16z, Jump Crypto, and Apollo Global.

On Wednesday, Microsoft and Aptos Labs announced a partnership to build an artificial intelligence chatbot while also exploring asset tokenization. Aptos will also run validator nodes on cloud platform Azure, aiming to enhance the “reliability and security” of the Aptos blockchain.

On August 9, Aptos Labs announced that it was partnering with Microsoft in order to drive Web3 into the mainstream. Aptos Labs will introduce Aptos Assistant, which will help bridge web2 to web3 for everyday internet users.

Bitcoin (CRYPTO: BTC) traded higher, with the cryptocurrency prices trading above the key $30,000 level on Wednesday. Ethereum (CRYPTO: ETH) also moved higher, trading above the key $1,800 mark this morning.

Microsoft, which is a big player in the field of AI, has unveiled a strategic partnership with Aptos Labs, a layer-1 blockchain entity. This partnership represents a significant moment where advanced AI meets the emerging realms of web3 and blockchain technology.

Aptos Labs has announced a partnership with tech giant Microsoft, leading to a 17% surge in the price of its native token APT.

Layer 1 blockchain Aptos partners with Microsoft as it seeks to use the tech giant's AI tech to foster development of web3 apps.