Aptos Rallies 15% On Microsoft Partnership

Aptos Labs, the company developing the Aptos blockchain, has partnered with Microsoft to offer Web3 developers and users access to a joint suite of AI-supported tools.

“The integration of Microsoft’s AI marks a crucial turning point, bringing an end to the long-standing hurdles to web3 entry,” Aptos Labs Co-founder and CEO Mo Shaikh said in a blog post.

The companies are working together to launch Aptos Assistant, a ChatGPT-integrated bot designed to act as an onboarding tool to provide users and developers in the Aptos ecosystem with natural language assistance. In addition, Microsoft-owned Github will add support for the Move programming language to Copilot, a developer AI tool that automatically completes code.

Aptos will also run validator nodes on Azure as part of the partnership, leveraging Microsoft’s infrastructure to enhance the security of the Aptos blockchain.

Aptos’ native APT token spiked 15% on the news and is currently trading around $7.49, according to Coingecko.

The two companies will “explore AI x DeFi innovation—like asset tokenization, payments, and Central Bank Digital Currencies—to advance Web3 adoption from financial enterprises,” said Aptos Labs.