Bybit debuts AI-powered 'TradeGPT' for market analysis and data driven Q&A

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Bybit launches TradeGPT tool which uses ChatGPT’s large language model and Bybit’s inhouse ToolsGPT to provide real-time market analysis and answers to user questions.

allowing the large language model to check wallet balances, transfer Solana-native tokens and trade nonfungible tokens.

The launch of these AI tools come off the back of Bybit offering lending services to its users, offering interest payouts for deposited cryptocurrencies on the exchange. Bybit is one of a number of exchanges offering the service as Cointelegraph previouslyAI is proving to be a catalyst for innovation across a number of sectors. Animoca Brands subsidiary TinyTap is an example of a platform that uses AI to generate educational games and nonfungible tokens based on user prompts.

Meanwhile NASDAQ-listed Iris Energy announced that it had invested $10 million to purchase 248 of Nvidia’s H100 Tensor Core GPUs to explore generative AI opportunities at its data center sites.unprecedented Q2 results in 2023 off the back of an explosion in interest in AI-powered tools like ChatGPT.

 

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