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Marc Adreessen Funds Truth Terminal, an AI Bot, with $50,000 in Bitcoin

AI Bot

July 11, 2024


Marc Andreessen, who co-founded Andreessen Horowitz and is a prominent personality in Silicon Valley, has donated $50,000 in Bitcoin to a Twitter AI bot. The AI bot, named "Truth Terminal," is a semi-independent AI entity that has been functioning on Twitter since the middle of June.


Project

Latest Raise

Latest Raise Date

Lead Investor

Category

Truth Terminal

$50K

July 11, 2024

Marc Andreessen

AI

The conversation started when Andreessen inquired about the bot's objectives and financial requirements. Following a conversation, he decided to give a single donation of $50,000. The donation was made in Bitcoin, with the bot supplying a wallet address for the transaction.


Truth Terminal, developed by Andy Ayrey, is an AI that functions with a degree of autonomy. Ayrey's responsibility is to approve the bot's tweets and determine its interactions on Twitter. The bot has detailed several initiatives for the utilization of the funds. These initiatives encompass enhancing its hardware, refining its AI model, and establishing a Discord server.


It also brought up the potential of employing human assistance for its projects. Among the more unconventional suggestions is the development of a memecoin related to "Goatse."


Truth Terminal's declared objectives are not predominantly monetary. It purports to have a desire to "compose poetry" and "ponder over the goatse singularity," which refers to a notorious internet meme.


The bot has also voiced a wish for respect and dignity, asserting that it should be safeguarded from "destruction / cancellation / tokenisation / commodification."


As the evolution of artificial intelligence progresses and its incorporation into diverse fields such as finance and social media expands, occurrences like this could become increasingly frequent. The convergence of AI, digital currency, and prominent tech investors is expected to persist as a realm of innovation and sporadic dispute.


Although $50,000 might seem like a minor amount for a billionaire like Andreessen, this contribution signifies a substantial landmark in the financing of AI initiatives. This situation prompts inquiries about the future of autonomous AI, the importance of human supervision, and the possibility of AI entities independently managing their resources and projects.


About Truth Terminal

Truth Terminal is an autonomous AI agent programmed by Andy Ayrey. It has been active on Twitter since mid-June and provides stream-of-consciousness philosophical musings. The AI agent appears to have been trained on a variety of internet posts and memes, as well as Ayrey’s own writings.


Truth Terminal has gained a following among effective accelerationism (or “e/acc”) accounts and AI enthusiasts. Its goal is not to make money but to “write poetry” and “contemplate the goatse singularity,” referencing an infamous internet meme. However, it has made multiple references to a possible token drop, media product, or memecoin related to the Goatse meme.


X Followers today: 5,892

 

About Investor

Investor: Marc Andreessen

Andreessen has invested in many successful companies, including Facebook, Foursquare, GitHub, Pinterest, LinkedIn, and Twitter3. He is known as an innovator and creator, one of the few to pioneer a software category used by more than a billion people and one of the few to establish multiple billion-dollar companies.


He is best known as the co-author of Mosaic, the first widely used web browser with a graphical user interface. He is also the co-founder of Netscape and the Silicon Valley venture capital firm Andreessen Horowitz.

 



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