AltSignals AI project gathers steam as Google and Microsoft jump into the AI bandwagon
- Microsoft incorporated GPT-4 into its Bing search engine earlier this year.
- Google has announced it is rolling out generative AI to its core search engine.
- AltSignals is developing an AI-based algorithm for generating trading signals.
AltSignals AI-based trading signals algorithm seems to come at the right time as big tech companies flock to artificial intelligence technology. Earlier this year, Microsoft incorporated OpenAI’s GPT-4 into its Bing search engine shortly after investing heavily in the OpenAI Company.
The GPT-4 is a product of the same company that launched the now very popular ChatGPT. It is a large multimodal model that can imitate prose, audio, video, or art produced by a human and it can solve written problems or generate original text or images. It is basically the fourth generation of OpenAI’s foundation model.
Google to incorporate AI in its Search engine
Following in the footsteps of its main competitor, Google yesterday announced that it is rolling out generative artificial intelligence (AI) to its core search engine.
Google search engine is one of the most popular search engines around the globe and the incorporation of AI is expected to revolutionize the search engine experience. Google’s parent company Alphabet said, “Search Generative Experience – which will be part of Google – will craft responses to open-ended queries.”
However, the system is currently in the experimental phase and will first only be available to a limited number of users.
AltSignals’ AI project
AltSignals has become popular for providing quality trading signals since its launch in 2017. The platform provides signals to over 50,000 Telegram members and its trading signal service has earned a 4.8 out of 5-star rating on Trustpilot.
The AI project is aimed at upgrading the platform’s signal-generating service after its early success. The AltSignals team wants to integrate artificial intelligence, natural language processing, machine learning, and advanced sentiment analysis in signal generation.
The new AltSignals’ AI-powered trading platform, dubbed ActualizeAI, will be powered by a native cryptocurrency called ASI, which will be the unit of membership in ActualizeAI, with holders being able to vote on the governance of the platform.
At the moment, AltSignals is conducting a presale of the ASI token. The presale is in its second stage, which at press time was 67.67% sold out. Interested crypto investors can participate in the presale here.
What the AI hype means for the ASI Cryptocurrency
Going by the success that ChatGPT has had since its launch towards the end of 2022, AltSignals’ ActualizeAI project is poised for a similar uptake and the quick sell-out of the first AltSignals’ presale stage, the BETA stage, is already a testament that investors have confidence in the ActualizeAI project.
Besides, AI technology is only in its initial stages seeing that big tech companies are currently working on workable solutions, with most of the AI products being in their testing stages including the recently announced incorporation of AI into the Google Search Engine.
This means that the end of the current ASI presale could well coincide with a matured AI market, which could spur its popularity higher notwithstanding that the AltSignals already have a sizeable number of customers that use its services even without the existence of native cryptocurrency.
Besides offering holders a membership opportunity to the new ActualizeAI, the ASI token will also offer AltSignals users an opportunity to make additional revenue from trading the token once it is listed on centralized cryptocurrency exchanges.