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ChatGPT Used to Automatically Create Meme Tokens Worth Millions on Ethereum

  • An Ethereum developer created a script that uses ChatGPT and OpenAI to automatically generate and deploy ERC-20 tokens.

  • One token created called AstroPepeX (APX) quickly reached $12.9 million in trading volume on Uniswap.

  • ChatGPT generates token names and details based on data of existing tokens and memes like Dogecoin and Pepe.

  • The developer modified ownership so tokens are immediately revoked and liquidity is added automatically.

  • This builds on a previous manual effort to create the memecoin TURBO using ChatGPT.

decrypt.co
Relevant topic timeline:
- The article discusses the launch of ChatGPT, a language model developed by OpenAI. - ChatGPT is a free and easy-to-use AI tool that allows users to generate text-based responses. - The article explores the implications of ChatGPT for various applications, including homework assignments and code generation. - It highlights the importance of human editing and verification in the context of AI-generated content. - The article also discusses the potential impact of ChatGPT on platforms like Stack Overflow and the need for moderation and quality control.
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OpenAI is releasing ChatGPT Enterprise, a version of its AI technology targeted at large businesses, offering enhanced security, privacy, and faster access to its services.
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Morgan Stanley plans to introduce a chatbot developed with OpenAI to assist financial advisers by quickly finding research or forms and potentially creating meeting summaries and follow-up emails.
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Google has given a select group of companies access to an early version of its conversational AI software, called Gemini, which aims to compete with OpenAI's GPT-4 model.
OpenAI, a leading startup in artificial intelligence (AI), has established an early lead in the industry with its app ChatGPT and its latest AI model, GPT-4, surpassing competitors and earning revenues at an annualized rate of $1 billion, but it must navigate challenges and adapt to remain at the forefront of the AI market.
Google aims to improve its chatbot, Bard, by integrating it with popular consumer services like Gmail and YouTube, making it a close contender to OpenAI's ChatGPT, with nearly 200 million visits in August; Google also introduced new features to replicate the capabilities of its search engine and address the issue of misinformation by implementing a fact-checking system.
An Ethereum developer has successfully integrated ChatGPT into a custom application, allowing it to create and deploy its own ERC-20 token called AstroPepeX, which is now being traded on DeFi and centralized exchanges.
Amazon is investing up to $4 billion in the AI startup Anthropic to develop a rival to ChatGPT, as the company aims to keep up with competitors like Microsoft and Google in the AI space.
OpenAI has announced new features for its chatbot, ChatGPT, including the ability to engage in voice conversations and respond to prompts featuring images, as the company competes with other tech giants in the AI arms race.
Market intelligence startup AlphaSense has raised $150 million in a Series E funding round led by Bond, bringing its valuation to $2.5 billion, as it aims to capitalize on the growing market and stay ahead of emerging competitors like ChatGPT.
OpenAI is reportedly in discussions with Jony Ive and SoftBank to secure $1 billion in funding to develop an AI device that aims to be the "iPhone of artificial intelligence," drawing inspiration from the transformative impact of smartphones, according to the Financial Times.
OpenAI, the company behind ChatGPT, is considering making its own AI chips due to a shortage of processors and the high costs associated with using Nvidia's chips.
OpenAI is exploring various options, including building its own AI chips and considering an acquisition, to address the shortage of powerful AI chips needed for its programs like the AI chatbot ChatGPT.
ChatGPT, an AI chatbot, achieved record-breaking revenue and app installs in September, with 15.6 million downloads and $4.6 million in gross revenue; however, revenue growth has begun to slow, potentially indicating saturation of mobile users willing to pay for the upgraded ChatGPT+ subscription service.
CoinMarketCap has developed a plugin for the AI chatbot ChatGPT, allowing users to ask crypto-related questions and access up-to-date crypto data without any additional fees.
OpenAI, the creator of ChatGPT, is partnering with Abu Dhabi's G42 to expand its generative AI models in the United Arab Emirates and the broader region, focusing on sectors like financial services, energy, and healthcare.