The artificial intelligence hype seems to be far from cooling down. The launch of OpenAI’s ChatGPT renewed the masses’ interest with respect to this technology, and now, the baton is being passed on from one company to the other.
On Tuesday, May 2, Crypto.com introduced its first-ever artificial intelligence-powered initiative, Amy. According to the official post, Amy is an AI companion that can help users familiarize themselves and learn about the crypto industry. This can be done using “near real-time information” about specific tokens and projects, and details on price listings and historical events.
Amy will serve as a “crypto expert resource” for the average user. Crypto.com’s user companion’s technology is inspired by ChatGPT but it is being additionally trained as well. Elaborating on the same, the post highlighted,
“The underlying technology of Amy is based on ChatGPT from OpenAI, but it is being further trained with specific case examples to provide more accurate and relevant results for Crypto.com users.“
Also Read: Crypto.com Signs 8-Year Agreement to Curb Carbon Emissions
Crypto.com taps on AI’s potential
Commenting on the latest development, Abhi Bisarya, Global Head of Product at Crypto.com tweeted,
“We see incredible potential and opportunity in the convergence of AI with the crypto industry and our platform specifically.”
Crypto.com is currently piloting Amy to harvest findings before expanding this and other future AI-powered capabilities. This pilot project is in its beta phase now and is currently available to selected users on the price page. The post clarified that access to Amy will be “steadily scaled” to more Crypto.com users in the coming weeks. In fact, Crypto.com will also introduce Amy to additional features over time, including the platform’s app.
The AI companion has the potential to help users and assist them with basic research and guide them about the markets. So, like the recent Samsung tie-up, even this launch has the prospect to attract new users into Crypto.com’s ecosystem.
Also Read: Crypto.com Unveils Collaboration with Samsung
Commenting on the broader AI-centric ambition of Crypto.com, Kris Marszalek, Chief Executive Officer said in a recent AMA that the company has been working on it for “quite a while now and some of the stuff is already in production.” He deemed AI to be a “very important piece of puzzle” for the next cycle. Also, Amy is not the only way AI is used within the company. Marszalek revealed that the company is deploying this technology in different sectors, and asserted,
“We’ve got quite a number of areas where we’re deploying this technology outside of what you’ve seen front-facing.”