Crypto.com’s new AI user assistant Amy is built on top of ChatGPT

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The cryptocurrency trading platform introduced an AI-powered user assistant to educate customers on the latest market data, including token values, upcoming projects, and noteworthy events.

Artificial intelligence (AI) keeps spreading across all markets. Crypto.com is the newest company to join the cryptocurrency sector, and it has unveiled a brand new generative AI user assistant.

On May 2nd, “Amy” was introduced by Crypto.com. The new AI companion for the cryptocurrency exchange is designed to educate customers on a wide range of topics related to the industry, from current token values and projects to industry milestones and more. Amy, which is built on top of ChatGPT, is reportedly in a test phase to “gather learnings” before being rolled out more widely.

The head of product at Crypto.com, Abhi Bisarya, has declared the business to be “bullish” on the use of artificial intelligence in the cryptocurrency industry.

A representative from Crypto.com told Cointelegraph that although it is true that we are still in the “early days” of generative AI, the technology has the potential to have “massive positive implications” for many different businesses if implemented properly.

While the spokesperson did not directly address any potential drawbacks, they did say that extensive feedback from this AI pilot would be “integrated into future upgrades.”

By adding AI functionality, Crypto.com is in line with other cryptocurrency exchanges and wallets. OKEx has just released an AI system designed to capture cryptocurrency market volatility.

On April 26th, Solana Labs, a provider of Web 3 infrastructure, launched its own ChatGPT-based plugin, which uses artificial intelligence to get blockchain data for purposes like checking wallet balances, transferring tokens, and purchasing nonfungible tokens.

Also Read: According to CoinShares, institutional investors are selling their crypto holdings in anticipation of future interest rate hikes

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