• OpenAI CEO pursues $7 trillion for AI chip venture

  • Token Metrics predicts potential price hikes for QI, XCN, ZEPH, Banana Gun, GHX tokens if project secures funding

  • CEO of OpenAI aims for $7 trillion investment in AI chip initiative

  • Potential token price surges anticipated by Token Metrics if AI chip project receives funding

  • Funding sought by OpenAI CEO could impact prices of QI, XCN, ZEPH, Banana Gun, GHX tokens, says Token Metrics


    In recent news, OpenAI's CEO, Sam Altman, has been making headlines for an intriguing venture. Reports suggest that the mastermind behind ChatGPT is aiming to secure an astonishing $7 trillion for a groundbreaking project poised to revolutionize the Artificial Intelligence landscape.

    To put this into perspective, the proposed funding surpasses the combined GDPs of Mexico, India, and South Korea. Altman's focus is on developing Artificial Intelligence chips designed to enhance the capabilities of advanced language models, such as ChatGPT, with a plethora of new and improved features.

    According to Token Metrics, the potential realization of this $7 trillion investment could lead to significant price surges for various Artificial Intelligence tokens. Altman is currently in discussions with the United Arab Emirates, seeking funding ranging from $5 trillion to $7 trillion for the AI chip project. Despite facing funding challenges, the project also encounters technical and regulatory obstacles.

    The envisioned chips are intended to execute complex operations at high speeds, vastly improving the efficiency of training and running Large Language Models (LLMs) like ChatGPT. OpenAI currently spends approximately $12 million monthly on cloud computing services to operate ChatGPT and other AI tools. With the continuous advancement of GPT, this figure is expected to rise, prompting the need for chips that can operate efficiently without heavy reliance on cloud service providers.

    The Wall Street Journal suggests that these chips could potentially make running AI tools ten times faster and more cost-effective. This development has garnered attention from the cryptocurrency market, with Token Metrics identifying five AI tokens poised for significant growth if Altman secures the $7 trillion funding.

    These AI tokens include:

    1. BENQI (QI): A decentralized finance (Defi) protocol leveraging AI for lending and borrowing rates on the Avalanche network.

    2. Onyx (XCN): A decentralized AI network enabling the creation, sharing, and monetization of AI services and models.

    3. Zephyr Protocol (ZEPH): Connecting AI developers and users, providing incentives for enhancing the quality of AI solutions.

    4. Banana Gun: A gaming platform utilizing AI to generate unique and personalized game worlds and avatars.

    5. GamerCoin (GHX): A gaming token rewarding users for playing, creating, and sharing games on the GamerHash platform, optimizing the use of idle computing power through AI.

    It's essential to note that cryptocurrency investments are highly volatile, and readers are advised to conduct thorough research and make informed financial decisions. The information provided by Voice of Crypto is intended for accuracy, but readers should be cautious of any missing facts or inaccuracies.

#openai #QI #XCN #ZEPH #GHX

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