Artificial intelligence (AI) continues to pervade every industry around the world. The latest crypto industry adopter is Crypto.com, which announced its new generative AI user assistant.
Crypto.com announced the launch of "Amy" on May 2. The crypto exchange's new AI companion aims to inform users about industry information, including real-time token prices and projects, historical events, and more. According to the announcement, ChatGPT- based Amy is currently in a pilot phase to "gather experience" before expanding in the future. Abhi Bisarya, executive vice president of product at Crypto.com, said the company is “bullish” about the use of artificial intelligence in crypto. “Like other businesses and sectors, we see great potential and opportunity in the convergence of AI with the crypto industry and our platform.”
A Crypto.com spokesperson told Cointelegraph that while it's “early days” for generative artificial intelligence, if done responsibly, it has the potential to have a “hugely positive impact” on many industries. “Cryptocurrencies are especially true in helping users ga in broader understanding Of Underlying Technology and Financial Services. h Will be "Incorporated Into Future Upgrades. and wallets in the space by integrating AI capabilities into its platform. OKX exchange recently launched an artificial intelligence algorithm to capture the volatility of the crypto market.
Web3 infrastructure company Solana Labs announced on April 26 its own ChatGPT-based plugin that uses AI to fetch blockchain data to check wallet balances, transfer tokens, and purchase non-fungible tokens. Binance also launched an AI chatbot. Like Crypto .com, the Binance chatbot emphasizes user education as part of its Web3 Academy. Cryptocurrency exchange and digital asset trading platform Bitget recently committed $10 million to develop the Fetch.ai ecosystem, helping Fetch expand its business network by “providing marketing cons ulting” and other services.
