Equity Monday: The race to build tomorrow’s AI models, and signs of life in the crypto markets

Here’s what we got into on this fine morning:

Stocks and crypto: Stocks are higher in Asia, lower in Europe, and nearly flat in the United States. More interestingly, crypto prices are continuing their ascent. Even NFTs are picking up a little bit!It’s another busy week on the earnings front, meaning we’ll hear from Uber and Lyft and Hubspot, among others.On the AI front, TechCrunch is tracking 01.AI in China, which is now a unicorn, and the latest offering from Elon Musk’s X.AI service. The latter will have some sort of tie to X, formerly known as Twitter.In India, a former Sequoia group is racking up impressive results.Elsewhere in technology-land, OpenSea cut staff, and China’s government is still writing big checks to chip firms. Let’s see how the latter plays out this time.

Equity is back in Wednesday! We’ll see you then!

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Credits: Equity is produced by Theresa Loconsolo with editing by Kell. Bryce Durbin is our Illustrator. We'd also like to thank the audience development team and Henry Pickavet, who manages TechCrunch audio products.