Recent growth in AI tokens’ value shows that they correlate to recent advancements made by OpenAI, Microsoft, and ChatGPT.
Recently, OpenAI, a leading research organization in the field of artificial intelligence, has made significant strides in the development of its language model, GPT-3.
Interest in AI drives AI tokens higher
This model is capable of performing various tasks such as machine translation, question-answering, and even writing creative fiction, showcasing the incredible potential of AI in various industries. ChatGPT has even recently passed an MBA exam at Wharton.
Microsoft, on the other hand, has been actively working on integrating AI into its products and services, from its virtual personal assistant, Cortana, to its cloud-based AI services, Azure.
The company’s focus on AI has been increased as the tech giant has invested $10 billion into OpenAI. Microsoft believes that OpenAI will be the future of business and a norm for the economy going forward.
All of these advancements in AI have led to an increased interest in AI tokens, which are digital assets designed to provide exposure to the growth and potential of AI-related companies and businesses.
Most notably, the top 3 AI tokens that have shot up 90%-200% in the past 7 days, in order of market cap, are The Graph ($GRT), SingularityNET ($AGX), and Fetch.ai ($FET). The recent uptrend in these AI tokens can be attributed to investors recognizing the potential of AI in revolutionizing various industries and seeking to capitalize on its growth.
The recent developments in AI made by OpenAI, Microsoft, and ChatGPT have not only demonstrated the tremendous potential of AI.
Still, they have also driven the interest of investors in AI tokens. The correlation between AI token price and AI achievement is clear, and we’ll likely see continued growth in both the AI industry and AI tokens in the future.
Bralon Hill
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