The field of artificial intelligence (AI) continues to be popular in China. The recent release of ChatGPT and Microsoft’s investment in artificial intelligence company OpenAI have increased the popularity of this space. Altcoins were also affected by this situation. In particular, altcoins of projects focused on artificial intelligence have been on the rise. Most recently, it was announced that a chatbot similar to ChatGPT will enter the market in China as well. Here are the details…
China is launching an artificial intelligence robot
China’s largest search engine company Baidu plans to launch an artificial intelligence (AI) chatbot service similar to OpenAI’s popular ChatGPT in March, according to an anonymous source familiar with the matter. The tool, whose name has not yet been decided, will initially be placed on Baidu’s main search services. It will also allow users to get conversational style search results similar to OpenAI’s platform.
News about Baidu’s plans added 5.8 percent as its stock saw its biggest intraday gain in almost four weeks. Baidu has invested billions of dollars in AI research in recent years as it seeks to transition from online marketing to deeper technology. Bloomberg reports that the company’s Ernie system, a large-scale machine learning model trained on data for several years, will form the basis of the upcoming ChatGPT-like tool.
These altcoins may be of interest
OpenAI’s artificial intelligence tool, ChatGPT, has garnered widespread attention since its public debut in November. The tool garnered over a million users within days and sparked a debate about the role AI plays in schools, offices and homes. As we reported on Kriptokoin.com, Microsoft and companies have invested in developing real-world applications of artificial intelligence. In fact, this has led to a rise in altcoins of projects for artificial intelligence. This AI step in China also seems to cause a change in the price of artificial intelligence altcoins.
The biggest AI coins include The Graph (GRT), Ocean Protocol (OCEAN), Fetch.ai (FET), SingularityNET (AGIX), iExec RLC (RLC), Phala.Network (PHA), Covalent (CQT), Cortex (CTCX), AllianceBlock (ALBT), HackenAI (HAI), Matrix AI Network (MAN).
Chinese entrepreneurs explore artificial intelligence
Baidu, along with other Chinese tech giants such as Alibaba, Tencent and ByteDance, controls a significant portion of the Chinese internet. Baidu is trying to stimulate growth in the mobile age as it lags behind competitors in areas such as mobile advertising, video and social media. In addition to AI research, the company is also developing autonomous driving technology. Chinese internet users also took an interest in ChatGPT, which shared screenshots of conversations with the artificial intelligence bot on local social media. Chinese startups are also exploring productive AI and attracting investment from companies like Sequoia and Sinovation Ventures.
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