BlocksInform
Unique project based on cardano ($agix) has kept its continuous rise in prices, which has seen the cryptocurrency increase by more than 1,000% YTD, soon after a report found out that twitter, space x, and Tesla CEO Elon Musk is developing a new research laboratory.
Based on market information, the price of the indigenous symbolic act of singularitynet has increased by more than 1000% since the beginning of the year, increasing from just under $0.05 per chip at the start of the year, Now switch hands for a little over $0.51 per chip.
The cryptocurrency saw its price explode earlier this month. At a time when tech giants are investing money in AI projects, with Microsoft investing up to 10 billion dollars on chatgpt-maker openai and getting ready to embed it in its bing search engine, and Google announces the launch of a rival chatgpt called barde.
The market capitalization of the cryptocurrency now amounts to 680 million dollars. Singularitynet, according to , is a blockchain-powered platform that makes it possible for anyone to "build, share, and monetize" services across their markets, that allows users to browse and purchase these services with their native agix token.
The singularitynet team is a pioneer in the field of AI and is responsible for the creation of sophia, which is recognized as the most expensive robot in the world. He now supports his rally with rumors suggesting that elon musk is creating a new artificial intelligence research laboratory to develop a competitor to the openai language model, chatgpt.
The laboratory would be run by igor babushkin, a scientist who recently left the alphabet project deepmind ai. The Information, an online publication, has exclusively reported on this development, citing three sources with direct knowledge of the effort.
??Break: elon musk develops a chatgpt contender.@elonmusk is reportedly forming a new AI research lab led by Igor Babuschkin @ibab_ml, a researcher who recently left Alphabet’s DeepMind AI.
The laboratory will focus primarily on the development of a ChatGPT alternative. pic.twitter.com/t80lzbkX6z
— Rowan Cheung (@rowancheung) February 28, 2023
As the laboratory focuses on the creation of an alternative to ChatGPT, the movement has raised eyebrows in the artificial intelligence community. Openai chatgpt has been a revolutionary development in the treatment of natural language, and Musk's new initiative could be considered an attempt to rival this achievement.
The increase in EE tokens over the past several months has been stimulated by the hype surrounding chatgpt. Singularitynet, a blockchain-based platform for ai apps, has experienced significant gains as a result of this media hype. Although singularitynet is not affiliated with the musk initiative, it is revealing of the ai narration which has seen such tokens increase in value.
The singularitynet white paper came out for the first time in February 2019, while the platform was first announced in 2017 by Dr. Ben goertzel, the organization's director general and chief scientist.
