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The launch of ChatGPT has raised curiosity among technology enthusiasts; some also call it the human jobs destroyer. OpenAI is the company that came up with ChatGT in the market, which shaped the future of the AI industry.
OpenAI has recently launched a new voice cloning technology called “Voice Engine.” Based on the available information, the launched product can replicate human voice and other voice patterns from a few small samples.
As per the official press release, “It is notable that a small model with a single 15-second sample can create emotive and realistic voices.” ChatGPT was one of the most influential when it was launched and gained over a million users in a few days.
Other than the voice cloning platform of ChatGPT, Voice(dot)ai, Murf, Lovo, and Play.ht are other major software available in the market.
OpenAI highlights in its press release, “We hope to start a dialogue on the responsible deployment of synthetic voices, and how society can adapt to these new capabilities.
Based on these conversations and the results of these small-scale tests, we will make a more informed decision about whether and how to deploy this technology at scale.”
What is AI Technology, and How Big is the Market?
In computer science, Artificial Intelligence is a subcategory used to create systems replicating human intelligence and problem-solving abilities. AI utilizes myriad data processes and learning from their past to streamline and improve the future.
Available data states that the AI chipsets market was valued at $5.12 Billion in 2023; it is expected to reach $131.8 Billion by 2028. Statista states that the Artificial Intelligence market is expected to reach $305.90 Billion in 2024.
There are seven major types of AI: narrow AI, general AI, super AI, reactive machines, limited memory, and self-awareness.
Crypto Market Updates
In an interview with a leading media outlet at the BUIDL Asia Conference, the co-founder of Near Protocol, Illia Polosukhin, notes that the chain abstraction could induce the next transition of the crypto and Web3 mandatory for mainstream adoption.
The cryptocurrency market capitalization surged more than 59.92% in the past three months. At the time of writing, the market cap was $2.57 Trillion after it added $14.819 Billion intraday.
Dogwifhat (WIF) added 23% in the past 24 hours, which makes it the topper of the intraday gainer list. Jupiter grew 21.90%, Core 16.96%, Mantle 12.58% and Pendle 9.72%.
Following the charges from the regulator, the KuCoin Token (KCS) is constantly bleeding; it lost 22.09%, and at the time, it was trading at $10.95. Pepe (PEPE) is one of the market’s most talked about and trending memecoins.
The crypto market is growing constantly, and daily, a new token debuts the market; Doge Killer is the most valued among all.
Disclaimer
The views and opinions stated by the author or any other person named in this article are for informational purposes only and do not constitute financial, investment, or other advice.
Adarsh Singh is a true connoisseur of Defi and Blockchain technologies, who left his job at a “Big 4” multinational finance firm to pursue crypto and NFT trading full-time. He has a strong background in finance, with MBA from a prestigious B-school. He delves deep into these innovative fields, unraveling their intricacies. Uncovering hidden gems, be it coins, tokens or NFTs, is his expertise. NFTs drive deep interest for him, and his creative analysis of NFTs opens up engaging narratives. He strives to bring decentralized digital assets accessible to the masses.
