AI Interest Soars as Cryptocurrency Projects Take Off

•Interest in artificial intelligence (AI) has been on the rise since Microsoft invested billions into Chatgpt and the release of AI-infused art platforms.
•The worldwide Google Trends score for the term “AI” reached its highest score of 100 in the first week of Dec. 2022.
•Projects such as and Singularitynet have seen their native tokens FET and AGIX rise 212% and 293% respectively in the past month.

The past year has seen a tremendous increase in interest in artificial intelligence (AI) due to the release of various AI-infused art platforms such as Dall-E, Deep AI, Jasper Art, Starry AI, and Nightcafe. This surge in interest is reflected in the worldwide Google Trends score for the search term “AI”, which reached its highest score of 100 in the first week of December 2022. This interest has also been bolstered by Microsoft’s multi-billion dollar investment in the Openai platform Chatgpt or GPT-3, with the search term “Chatgpt” having a worldwide score of 100 during the week of Jan. 22-28, 2023.

In addition to the rise in interest in AI, the demand for AI-focused cryptocurrency projects has also increased. For example, the crypto project has seen its native token FET rise 212% in the past 30 days, and another AI project, Singularitynet, has seen its token AGIX increase 293% against the U.S. dollar. This surge in interest in AI-focused cryptocurrencies is a reflection of the growing demand for projects that integrate AI into their protocols.

The rise of AI-focused cryptocurrency projects in 2023 is a trend that is likely to continue, as more projects seek to capitalize on the demand for AI technology. With the world becoming increasingly focused on the development of AI and its potential to revolutionize many sectors, the future of AI-focused cryptocurrency projects looks bright. As data continues to show a surge in interest in AI, these projects are likely to remain popular and continue to rise in value in the coming years.