In the world of digital assets, companies are increasingly turning to artificial intelligence (AI) to capitalize on the latest trends. However, some are also issuing warnings about the dangers of AI and the need for investors to do their own research before making decisions. This warning comes from Bitget, a leading derivatives exchange, who recently scrapped its integration of ChatGPT, an AI tool created by Sam Altman’s OpenAI. The company’s managing director, Gracy Chen, cited misinformation and falsification of facts as the main reasons for its decision. Despite this setback, Bitget still plans to explore the use of AI in the future, particularly through its VC arm, which has already invested $10 million in AI tech.
Bitget is a digital asset exchange that offers derivatives trading products based on the value of underlying assets like Bitcoin and Ether. The platform also offers a copy trading feature where users can mimic the strategies of other traders.
Sam Altman is an American entrepreneur, investor, programmer, and businessman. He was the president of the startup accelerator Y Combinator from 2016 to 2019 and is the co-founder and CEO of OpenAI.
