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1 year ago

AI tokens soar after OpenAI launched Sora and reached $80 billion valuation after OpenAI close deal with Thrive Capital

2024-02-20

REGULATION
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1 year ago


Since OpenAI launched ChatGPT. There has been hype in AI tokens.

 

AI tokens soar after OpenAI launched Sora on Feb 15, 2024. Sora allows to users to write descriptive texts and it can generate videos from the descriptive texts.

 

On Feb 16, 2024, Thrive Capital closed deal with OpenAI by invested in OpenAI at $80 billion valuation using tender offer method. OpenAI employees can sell their shares in OpenAI to Thrive Capital.

 

companiesmarketcap.com


There is also speculation in AI-related stocks. Nvidia the company that produces AI chips has become the world's 4th largest company by market cap. Microsoft the company that invested in OpenAI has become the world’s most valuable company.

 

Furthermore, Samsung just launched AI smartphones on its Galaxy S series especially Samsung’s flagship phone Galaxy S24 Ultra.  

 

7 day price performance of AI tokens.

Bittensor (TAO) 7 days price increases 17%.

Render (RNDR) 7 days price increases 28%.

The Graph (GRT) 7 days price increases 43%.

Ocean Protocol (OCEAN) 7 days price increases 48%.

Fetch.ai (FET) 7 days price increases 49%.

SingularityNet (AGIX) 7 days price increases 65%.

Matrix AI Network (MAN) 7 days price increases 84%.

 

www.blocksky.io/categories/artificial-intelligence

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