In recent years, AI (artificial intelligence) has emerged as one of the most intriguing and quickly expanding technological narratives.
The growing interest in artificial intelligence is fueled by its potential to change industries and improve the quality of life for people all around the world.
As AI continues to improve, the possibilities of what it may achieve are limited only by one’s imagination; this has led to an increase in investment and research in the field.
Tron Pours $100 Million For Artificial Intelligence
Speaking of investments, as this fast emerging technology gathers momentum among investors, the Tron blockchain has invested over $100 million to teams implementing this technology into blockchain applications.
According to a press statement issued on Friday, TRON DAO’s new fund will focus on four primary areas in an effort to expedite the integration of blockchain and AI technologies: AI Service Payment Platform, AI Informed Investment Management Services, AI Infused Oracles, and AI Generated Content.
Artificial Intelligence is currently one of the world’s most prominent innovation trends, with the introduction of OpenAI’s ChatGPT luring tech giant Google and its soon-to-launch “Bard” into an artificial intelligence showdown.
Image: Finance Magnates
As was recently disclosed, a number of the most valuable coins on the market today are artificial intelligence-centric.
The value of tokens for platforms such as Alethea’s artificial liquid intelligence (ALI), fetch.ai (FET), and SingularityNET (AGIX) has more than tripled, making them among the top performers.
Justin Sun, the founder of TRON, recently demonstrated the blockchain’s dedication to AI development by announcing that TRON would assist OpenAI and ChatGPT in achieving their objectives with an AI-focused decentralized payments infrastructure.
Using ChatGPT on both the back end and front end of application development, TRON’s most recent endeavor intends to enable developers investigating the use of AI, which attempts to imitate human intelligence in machines, in apps built on the blockchain.
AI War: Google Vs. OpenAI
Google and OpenAI are two of the most well-known entities in AI. Both firms have made substantial contributions to the evolution of AI technology and have been in the forefront of developing breakthrough AI-based solutions and applications.
Google, one of the world’s top technological empires, offers a variety of AI-based products and services, including Google Assistant, Google Translate, and Google Photos.
OpenAI, on the other hand, is a non-profit organization dedicated to the development and promotion of friendly artificial intelligence. The company is well-known for its cutting-edge research in fields such as natural language processing and reinforcement learning, and it has produced a number of cutting-edge AI models, notably GPT-3.
Crypto total market cap at $1 trillion on the daily chart | Chart: TradingView.com
“The hope of the initiative is that developers are inspired to use AI in current as well as future applications built on the TRON blockchain… and that they apply for grants from the TRON Artificial Intelligence Development Fund to help them do so.”
In this context, a recent quarterly analysis by the cryptocurrency analytics platform Messari indicated that the number of daily active accounts on the TRON network increased in the last quarter of 2022, with an unprecedented spike to 1.3 million new accounts on December 10.
-Featured image from Forbes