OpenAI founder Sam Altman has announced an enhancement to the company's popular AI-powered chatbot ChatGPT that could potentially revolutionize the crypto industry.
Altman has recently confirmed that ChatGPT, a powerful language model, can now browse the internet to provide up-to-date information with source links, breaking free from its previous limitation of data only up to September 2021.
The development opens up a world of possibilities for the role of ChatGPT in the crypto space.
The AI chatbot has already gained popularity as a tool for crypto price predictions, but its limited knowledge base has been a constraint until now.
However, with the ability to access current information from the web, ChatGPT can now offer more accurate and informed insights into the dynamic world of cryptocurrencies.
ChatGPT's contribution to the crypto industry extends beyond predictions.
In June, Elliptic, a leading firm specializing in managing crypto risks, announced its integration of ChatGPT into its intelligence and research operations.
This integration aims to enhance the efficiency and accuracy of Elliptic's research efforts, enabling investigator teams to identify emerging risk factors and manage larger volumes of risks effectively.
Moreover, the Solana Foundation integrated ChatGPT into its network in May.
Consequently, the company introduced a new plugin that allows users to directly access features such as checking wallet balances, transferring tokens, and even purchasing non-fungible tokens (NFTs) with Solana through ChatGPT.
As reported, cryptocurrency exchange Bitget is also using AI in a number of ways to provide better services for users and stay ahead of the curve.
Back in July, Gracy Chen, the managing director of Bitget,Read more on cryptonews.com