Binance Partners with ChatGPT to Launch Web3 Academy

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ChatGPT, a newly launched artificial intelligence (AI) chatbot, has stirred up debates from its launch in November 2022. Despite the initial reactions, the technology has seen growing applications. On April 24th Binance, a leading platform for cryptcurrency exchange and blockchain development, detailed their plans to integrate ChatGPT into their educational program, the Binance Academy.

Dubbed as the ‘Binance Sensei’, the AI-driven tool utilizes machine learning to provide pertinent answers to questions related to Web3, sourced from the Binance Academy. With the help of the user’s keyword words or questions, the bot is designed to formulate concise and insightful responses with a word count of roughly 150.

The growing acceptance of AI technology had clearly been made visible by Twitter users, who raised queries regarding allowing a ‘robot’ to act as an educator. Also, AI finds usage in making the memecoin network more efficient. Major tech players like Microsoft, Google, and Alibaba have also announced the launching of their own ChatGPT versions.

The booming presence of AI has raised concerns amongst the society, which eventually led to certain restrictions and probes. Italy imposed a temporary ban on the use of the technology, and the European Union further took the initiative to investigate the AI algorithms of the major tech conglomerates.

Binance is a renowned cryptocurrency exchange and blockchain platform, which provides trading services and an array of blockchain solutions, including innovative products and institutionalized data services. It is one of the most widely used exchanges in the world and offers a secure environment for users and institutional investors to trade digital assets. Moreover, Binance Academy ‒ a platform delivering equitable access to blockchain technology and digital financial literacy ‒ is dedicated to on-boarding and educating a globalized network of users.

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