Generative Data Intelligence

ChatGPT’s ‘GPT-4’ model launch shoots prices of AI tokens

Date:

SNEAK PEEK

  • OpenAI has released GPT-4, an updated version of the previous ChatGPT model.
  • GPT-4 has the ability to process images, which makes it more creative and dependable. 
  • ChatGPT’s success has led to benefits for several AI-based crypto projects.

The launch of GPT-4 has led to a major increase in the prices of AI tokens. The tech space is being ruled by ChatGPT, as OpenAI has announced the launch of GPT-4, a new model with improvements. 

GPT-4 is far more capable than GPT-3.5 and offers enhanced creativity, reliability and management of delicate instructions. The new model has the ability to understand images. Moreover, ChatGPT will include a better memory and is able to process up to 25,000 words.

OpenAI has created a buzz in the world of technology, and several competitors are starting their own projects in AI. Despite the risks and challenges, the ChatGPT application is attracting millions of users. 

Talking about teachers, they have warned against using ChatGPT, as it is capable of various types of exams.

Though the importance of AI has increased over the years, 2023 is looking like one of the most important years. The crypto industry has observed the change since various projects have witnessed growth ever since the year has started. Conor Grogan of Coinbase tested the app by  inputting a smart contract, and vulnerabilities were shown by the app. 

There’s no doubt that the new model will boost the popularity of ChatGPT further. Certain crypto projects have started to benefit from the phenomenon—CryptoGPT,  to be precise.

The project claims that its platform is a ZK Layer-2 and allows users to monetize their AI data as well as convert daily life tasks such as gaming, fitness and education into a source of income. During the past few days, the token has experienced noteworthy growth and has increased by 1703% ever since it was listed on exchanges.

After the news broke, a number of projects that are focused on artificial intelligence have seen a surge in their tokens’ value. Though these tokens have been a part of the market for years, they have gotten a new life only because of the success of ChatGPT.

SingularityNET (AGIX), Oasis Network (ROSE), Render Token (RNDR), The Graph (GRT), and  Fetch.ai (FET) are some of the most successful tokens. Almost all of these tokens have seen a double-digit increase in price, and AGIX has grown by 36% in the last 24 hours. Overall, AI tokens are rising at the moment.

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