Integrating AI in Blockchain: The Emergence of ChatGPT Enterprise and Shakeup in BitBoy Crypto

Posted on by Artificial Intelligence
AI meeting with Blockchain Officer in sleek, glass-windowed, sundrenched office, mid-21st Century. Golden sunlight streams over metallic surfaces and azure holograms. Air of harmony yet intense focus. Implied visual sentiment of innovation and data-security, amidst unexpected corporate transitions.

In a bold new step for integrating artificial intelligence (AI) in mainstream applications, OpenAI, creators of the tool ChatGPT, recently launched ChatGPT Enterprise. Promising performance twice as fast as GPT-4. This new version offers much more than its predecessor with around four times more processing capacity than the standard version. A single token of this 32,000 model can process approximately 24,000 words in one go translating to improved efficiency.

However, the appeal of ChatGPT Enterprise extends beyond mere performance. Its adherence to SOC 2, a standard for managing customer data, boosts its privacy and security credentials significantly. In a world where data security has become paramount, this endeavor affirms OpenAI’s commitment to protecting valuable information.

ChatGPT Enterprise’s launch comes on the back of increasing demand for ChatGPT products. Over 80% of Fortune 500 companies have adopted this AI tool to refine communication, enhance coding tasks, assist creative work, answer intricate business inquiries, and much more. Keeping this demand in mind, OpenAI is developing a self-serve business tool allowing ChatGPT to extend its reach to a company’s data.

In the cryptocurrency world, AI experimentation has become the norm to address challenges related to climate change, on-chain data privacy, and boosting transparency in industries like music. We have yet to see how this interaction between AI and cryptocurrency will evolve in the future.

In contrast to this rapid advancement, the BitBoy Crypto brand has severed its ties with Ben Armstrong, erstwhile face of the brand. Substance abuse issues and reported financial harm to employees have been attributed to this surprising separation. The announcement left a significant impact, with followers expressing concern over the future of the “BitBoy Crypto” brand.

Given the legal problems Armstrong has faced, from facing a class-action lawsuit about undisclosed compensation from an exchange to alleged threatening of lawyers and ridiculing a federal judge, his departure could potentially signify a shift in the brand’s direction.

From the introduction of advanced AI tools like ChatGPT Enterprise to the changing faces in the crypto world, both ends of the spectrum reveal the triumphs and tribulations that typify technological advancements. As AI and cryptocurrency continue to interact, understanding their intertwined relationship and its impact on industries will shape how we perceive the technology of tomorrow.

Source: Cointelegraph

Sponsored ad

More Articles

Surrealistic financial landscape bathed in twilight, a large digital token stands in the center signifying asset tokenization, blockchain chains circling it. A decentralized ledger glowing subtly in the background. Small glowing orbs symbolizing AI drifting around. A mood of mystique and uncertainty prevails.

Harnessing the Power of Tokenization: Future of Asset Management and The Uncertainties Ahead

“Tokenization, referring to the conversion of asset ownership rights into digital tokens on a blockchain, is revolutionizing securitization according to Jenny Johnson, CEO of Franklin Templeton. It opens up new possibilities for alternative investment vehicles with its incorporation of a payment mechanism, programmable smart contracts, and a source of truth embedded in a decentralized ledger.”

Central banks implementing offline CBDCs, moody dim-lit scene, balance of privacy and security, vintage engraving style, financial inclusion and resilience, contrasting shadows, neutral tones, diverse individuals interacting, blend of traditional and futuristic elements, subtle hints of digital transactions.

Unlocking the Potential of Offline CBDCs: Balancing Privacy, Security, and Financial Inclusion

The BIS Innovation Hub has published a handbook to assist central banks in implementing offline CBDC technology, aiming to advise on security measures, risks, privacy considerations, and resilience options. The guide highlights the potential benefits of enabling offline use for CBDCs in achieving public policy objectives aligned with central banks’ mandates.