Crypto AI tokens post near double-digit gains amidst launches from NVIDIA, OpenAI and Amazon

  • 📰 FXStreetNews
  • ⏱ Reading Time:
  • 22 sec. here
  • 4 min. at publisher
  • 📊 Quality Score:
  • News: 19%
  • Publisher: 72%

Fetchai News

Render,Cryptocurrencies

Artificial Intelligence (AI)-based cryptocurrencies have experienced nearly double-digit or higher gains on Monday, well above the price increases seen among the main crypto assets, likely fuelled by recent announcements of new developments from AI and tech giants in the US.

Crypto AI tokens FET, RNDR, AIOZ, OCEAN and ARKM, among others, noted sharp gains on Monday. Technology giant NVIDIA announced DrEureka, an LLM that trains robots in skills. OpenAI rolled out ChatGPT’s memory feature and Amazon announced Q, the company’s AI-powered assistant.

We trained a robot dog to balance and walk on top of a yoga ball purely in simulation, and then transfer zero-shot to the real world. No fine-tuning. Just works. I’m excited to announce DrEureka, an LLM agent that writes code to train robot skills in simulation, and writes more… pic.twitter.com/kuG14LmSOh — Jim Fan May 3, 2024 Sam Altman-led OpenAI started rolling out its memory feature for its LLM, ChatGPT, on April 29.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 14. in TECHNOLOGY

Technology Technology Latest News, Technology Technology Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

FTC investigating Microsoft, Amazon, and Google investments into OpenAI and AnthropicThe FTC opened an inquiry into the impact of billion-dollar investments by cloud providers into AI startups on the competitive landscape of generative AI.
Source: verge - 🏆 94. / 67 Read more »

Top tech companies seek more cash for the lab keeping AI safeAmazon, OpenAI, MIT and others are calling for nearly $50 million for NIST’s AI work
Source: washingtonpost - 🏆 95. / 72 Read more »

Nvidia shares up 15% in 5 days — Will AI crypto tokens follow?Nvidia's share price has rebounded, and with its earnings report coming soon, analysts are considering its potential impact on AI crypto tokens.
Source: Cointelegraph - 🏆 562. / 51 Read more »

Amazon's Jassy touts custom AI chips, NVIDIA stock dips pre-openAmazon's Jassy touts custom AI chips, NVIDIA stock dips pre-open
Source: Investingcom - 🏆 450. / 53 Read more »