• Microsoft incorporated GPT-4 into its Bing search engine earlier this year.
• Google has announced it is rolling out generative AI to its core search engine.
• AltSignals is developing an AI-based algorithm for generating trading signals.
Big Tech Companies Jump Into the AI Bandwagon
Microsoft incorporated OpenAI’s GPT-4 into its Bing search engine earlier this year, shortly after investing heavily in the OpenAI Company. Similarly, Google recently announced that it is rolling out generative artificial intelligence (AI) to its core search engine and Alphabet said, “Search Generative Experience – which will be part of Google – will craft responses to open-ended queries.”
AltSignals Developing AI-Based Algorithm
AltSignals has become popular for providing quality trading signals since its launch in 2017. The platform provides signals to over 50,000 Telegram members and its trading signal service has earned a 4.8 out of 5-star rating on Trustpilot. To upgrade their signal generation services, AltSignals plans to integrate artificial intelligence, natural language processing, machine learning, and advanced sentiment analysis in signal generation using their AI project.
Advantages of Generative AI
The incorporation of generative AI into major tech companies have been touted as revolutionary as it promises to provide more accurate answers to open-ended queries compared with traditional algorithms and keyword searches. Additionally, GPT-4 can imitate prose, audio, video or art produced by a human and can solve written problems or generate original text or images making it very useful for many applications including chatbots and voice assistants.
Implications For AltSignals
With the increased interest in artificial intelligence technology from big tech companies such as Microsoft and Google, AltSignals’ decision to develop an AI-based algorithm for generating trading signals seems timely as they seek to stay competitive in the industry while also allowing them access new opportunities that might arise due to advances in the field of Artificial Intelligence technology..
Conclusion
In conclusion, Big Tech companies such as Microsoft and Google are becoming increasingly interested in artificial intelligence technology by incorporating generative artificial intelligence (AI) into their core systems such as Bing Search Engine and Google Search Engine respectively. At the same time AltSignals is developing an AI based algorithim for generating trading signals which could allow them access new opportunities within the industry while helping them stay competitive at the same time