On June 9, 2025, Google DeepMind announced the UK government’s adoption of the Extract system, utilizing their Gemini model for efficient data processing in public sector planning. This AI-driven technology converts complex planning documents into digital formats in just 40 seconds, illustrating significant advancements in bureaucratic efficiency. The announcement provoked immediate market reactions, boosting AI-focused cryptocurrencies such as Fetch.ai (FET) and SingularityNET (AGIX), which saw price increases of 3.2% and 2.8%, respectively. This surge signals growing institutional trust in AI solutions, likely increasing demand for blockchain-based AI projects. The broader cryptocurrency market also exhibited positive movement, with Bitcoin (BTC) and Ethereum (ETH) gaining slightly. Traders are advised to consider short-term trading strategies, focusing on resistance levels and monitoring on-chain activity for further institutional interest. Overall, the announcement emphasizes the integration of AI into real-world applications and its impact on cryptocurrency market dynamics.
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UK Government Utilizes Gemini AI Model for Strategic Planning: Accelerating Decision-Making and Analyzing Crypto Market Impact | Flash News Update

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