While OpenAI and Google both unveiled major AI innovations, Choise.ai launched an AI-powered L2 blockchain for enterprises.
OpenAI unveiled a major update to its large language model this week with the launch of ChatGPT-4o.
Google has confirmed the launch of Gemini for Workspace, integrating its AI model with the Google Enterprise Suite
Choise.ai launches AI-powered layer 2 blockchain for enterprises.
AI announcements have come thick and fast this week, with Google and OpenAI going head-to-head as both corporations launch major upgrades to their artificial intelligence offerings, while AI-powered crypto platform Choise.ai confirms the launch of Layer 2. blockchain for companies.
AI will steal the show at I/O 2024
Artificial intelligence was the name of the game this week at I/O 2024, Google's annual tech conference where new and upcoming startups are showcased.
The search engine not only expands on the release of Gemini for Workspace, but also features an enterprise-grade upgrade to Gemini Advanced, which allows businesses to connect Google Drive to Gemini to analyze data, populate spreadsheets, and create charts. A new AI assistant project named ‘Project Astra' was also announced.
Open AI Stealing Google's Thunder?
Sam Altman's OpenEye had its own launch event this week, seemingly timed to coincide with Google's I/O 2024 conference to steal the search giant's thunder.
OpenAI has announced the launch of its new AI model, named ChatGPT-4o, which is more powerful than previous AI models and will also be available to all users, both free and paid.
Choise.ai finally confirms the AI-powered L2 rumors
So was the rumor that Choise.ai was developing its own blockchain that had been circulating in the crypto community for weeks. Finally confirmed this week. The team has officially announced Entropy, its new L2 platform designed to be “the ultimate B2B enterprise and future-ready business layer.”
While full details on the technology's features have yet to be released, industry insiders suggest that Choise.ai's new Entropy blockchain will go beyond traditional L2 solutions by incorporating AI technologies that accelerate Web3 and blockchain adoption.
What we do know so far is that Choise.ai Entropy will serve as the foundation for a future AI-powered ecosystem for the settlement layer and will feature smart contract automation for autonomous operations.
Early indications suggest that Entropy will offer a number of innovations designed to democratize access to L2 blockchain technologies, including a code-free environment that reduces global barriers that prevent anyone from building, implementing, and benefiting from blockchain and AI. Also a marketplace for AI models.
“We are building beyond the L2 platform, creating an AI-powered ecosystem where AI agents have the ability to write, optimize and execute smart contracts themselves. This has never been done before and our solution ensures that every transaction and operation is carried out with unparalleled accuracy and efficiency.” The Choise.ai team explained.
Select.NoThe CHO token, which has increased by more than 500% in Choise.ai's early developments, remains central to the company's innovations, which means that the price of CHO could increase significantly again as crypto markets can offer this new AI-driven L2.
I still have my $CHO | @ChoiseAI bag.
It has been a strong performer recently with great price action, but is still far behind ATH. The group said soon holders will get up to 20% of Vault's revenue.
Their focus has shifted to B2B with AI-based Web3 digital banking products, which… pic.twitter.com/EvLJPjc2Bt
– Sjul | AltCryptoGems (@AltCryptoGems) April 10, 2024
In fact, one crypto analyst predicts a 223% jump in the price of the CHO token on the back of this new announcement.
