Accoridng to the latest reports, an AI altcoin exploded in price following the latest move coming from Elon Musk. Check out the latest news below.

AI altcoin surges in price

An altcoin project focused on artificial general intelligence (AGI) technology has spiked in price. This has been happening following rumors that tech mogul Elon Musk had plans in the works for a new version of ChatGPT.

Over the weekend, Musk told his 130 million Twitter followers how he was feeling about AGI and the potential threat it poses to humanity.

“Having a bit of AI existential angst today…

But, all things considered with regard to AGI existential angst, I would prefer to be alive now to witness AGI than be alive in the past and not.”

As the online publication the Daily Hodl notes, the next day, a report from The Information said that Musk had approached AI researchers.

It seems that he pitched the idea of forming a new research lab that would explore the creation of a new version of ChatGPT.

“The Tesla CEO has reportedly been recruiting Igor Babuschkin, an AI researcher who previously worked on DeepMind, an AI firm that was acquired by Google parent company Alphabet.”

We suggest that you read the complete story in the original article. 

The latest crypto news

In other recent news, it has been just revealed that the largest US-based crypto exchange by trading volume has released a major update involving the embattled stablecoin project Binance USD (BUSD).

According to a new announcement, Coinbase says they will delist BUSD in about two weeks’ time.

“We regularly monitor the assets on our exchange to ensure they meet our listing standards. Based on our most recent reviews, Coinbase will suspend trading for Binance USD (BUSD) on March 13, 2023, on or around 12pm ET.” Check out our previous article in order to learn more details.

The post AI Altcoin Based on Cardano (ADA) Explodes Following Elon Musk ChatGPT Rumors Swirl first appeared on CryptoGazette - Cryptocurrency News.