Andy Tian, co-founder and CEO of Asia Innovations Group, discusses the "Forever Rose," the most valuable piece of virtual artwork in the world. The piece was purchased by 10 investors for $100,000 each using cryptocurrency.
Tian explains the rose is a visual symbol of digital currency and its value can be tracked in real time. Money made from the sale of the Forever Rose will go to a charity that helps children learn to code.
Tian says this is just the beginning of crypto-artwork. Tian explains "the rose token will live on the blockchain forever."
The Biden administration announced the first of many coming federal investments in computer chip production, saying Monday that it would provide $35 million for BAE Systems to increase production at a New Hampshire factory making chips for military aircraft, including F-15 and F-35 jets.
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