Saturday, 3 June 2023

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AltSignals AI project gathers steam as Google and Microsoft jump into the AI bandwagon

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…

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