Decentralized AI network SingularityNET has witnessed a considerable price surge for its $AGIX token following the recent launch of the GPT-4 language model.

SingularityNET is a decentralized, blockchain-based platform that aims to bring together Artificial Intelligence (AI) developers, businesses, and individuals to create, share, and monetize AI services and applications.

The platform utilizes blockchain technology to create a secure, decentralized AI services and applications marketplace. It enables AI developers to publish their algorithms and models on the platform, which other developers can use to create new AI applications and services.

The SingularityNET platform also offers a set of tools and APIs that make it easy for developers to integrate AI services into their own applications. This allows businesses and individuals to use the latest AI technology without building their own models and algorithms.

According to data from TradingView, $AGIX has experienced an impressive 886% growth in the year-to-date period, making it one of the best-performing cryptocurrencies.

Source: TradingView

OpenAI’s latest offering, GPT-4, boasts enhanced creativity and collaboration, taking its capabilities to new heights. This groundbreaking AI technology has the potential to work alongside users on a variety of creative and technical writing tasks, such as crafting melodies, penning screenplays, or even adapting to a user’s unique writing style.

Over a six-month period, OpenAI has honed GPT-4 to become even safer and better aligned with user needs. According to the company’s internal evaluations, GPT-4 is now 82% less likely to generate responses containing disallowed content and 40% more likely to produce accurate, fact-based replies than its predecessor, GPT-3.5.

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