Meta CEO Mark Zuckerberg announced that the company will be working on a new AI-powered chatbot. Other tech companies driven by the success of OpenAI’s ChatGPT are doing the same. In particular, it has recently been claimed that Tesla and Twitter CEO Elon Musk will make a similar move. This has also affected the cryptocurrency space. In light of the latest developments, some AI coins have taken a leap. Here are the details…
Meta is also entering the chatbot realm
Meta CEO Mark Zuckerberg announced that the tech giant will devote its resources to building its own chatbot. The announcement comes at a time when OpenAI’s chatbot ChatGPT is taking over the world, sparking a sort of arms race in the tech world. Microsoft has already started integrating ChatGPT into its products, including the Bing browser. Zuckerberg announced the effort in a Facebook post on February 27. The following statements were included in the announcement:
To accelerate our work in this area at Meta, we are creating a new high-end product line focused on productive AI. We have a lot of core work to do before we move on to truly futuristic experiences, but I’m excited about all these new things we’ll be building along the way. We will focus on developing AI characters that can help people in various ways.
Meta now joins the list of other companies doing the same. As we reported as Kriptokoin.com, besides ChatGPT and Microsoft, Google also released its own bot called Bard. Snapchat also announced on Monday its own chatbot plans that ChatGPT will support.
Many tech giants are working for ChatGPT competitor: including Elon Musk!
The ChatGPT craze has taken over the world and captured the users imagination. Users have shown enthusiasm for the service, from creating novels to solving coding issues. This has led many tech companies to launch their own AI-powered chatbots that could challenge Google’s dominance over the internet for now. Both Elon Musk and Tencent have announced their own intentions.
Source: @nonmayorpete & @theinformation https://t.co/uTJmOSwVyA
— Rowan Cheung (@rowancheung) February 28, 2023
Musk has recently reportedly turned to AI researchers with the goal of creating a new research lab. In a tweet about Musk’s move, it is stated that Elon Musk has established a new AI research lab led by Igor Babuschkin, a researcher who recently left Alphabet’s DeepMind AI program. The primary goal of this lab is reportedly to develop an alternative to ChatGPT.
Meta, on the other hand, has consistently shifted its focus from social media to the metaverse over the past 18 months. However, it paid the price for this change with a few disappointing quarterly reports. Now, it seems to have turned its attention to keeping it on the artificial intelligence path. The tech industry is going through a tough time right now, but Meta can perhaps successfully get back on track.
Artificial intelligence coins are on the rise
Meanwhile, Amazon has signaled that it can start working in this field by registering two new trademarks focused on artificial intelligence. Huawei; Announcing the metaverse and web3 alliance, which also includes Morpheus Labs, DeepBrain Chain, Blockchain Solutions and Polygon. As a result of developments in the field of artificial intelligence, altcoins focused on these projects have experienced a leap. Looking at the last 24 hours, 7 coins operating in the field of AI attracted attention with their rise. DeepBrain Chain (DBC) leads the list with a 44 percent rise. DBC was elevated by AI news from Huawei yesterday. You can see the full list as follows:
On the other hand, SIDUS (SIDUS) was the coin that experienced the most value increase on a weekly basis with 61 percent. You can see the top 10 AI coins that have risen the most in the last 7 days in the list below:
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