The crypto community is curious and excited about information related to the ChatGPT AI product developed and launched by OpenAI at the end of November 2022.
OpenAI released a series of AI products last year, the most famous being the Dall-E 2 visualization program and ChatGPT chatbot. Accordingly, OpenAI can create bots that help support Web3 development as well as create beautiful interfaces and good user experiences.
However, the product has received mixed reviews for its not-so-good experience. But many analysts still think this is just the initial stage, there will be big steps forward with a lot of improvements in the future.
The rise of the AI trend began after Microsoft invested $10 billion in OpenAI, in exchange for a 49% stake. Previously, in 2019, Microsoft poured $1 billion into OpenAI and became the preferred partner to commercialize new technology for Bing search engine and Microsoft Design application, in order to compete directly with Google.
With this news, the SingularityNET AI project has risen to the top of the momentum in the past few days. The AGIX token raised the price ceiling to as high as $0.1 before returning to $0.083 at press time. According to data on CoinMarketCap, the trading volume of this token also gained significantly in the 24-hour frame.
Other AI tokens are also following that momentum. Of which, GRT (The Graph) increased by 15.8% in the past 7 days and Fetch.ai’s FET token also outperformed 66% on the same reference frame.
In general, AI will probably be the trend in the future. However, it will take some time for this technology to be widely used in the community.
Disclaimer: This article is for informational purposes only, not investment advice. Investors should research carefully before making a decision.
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