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OpenAI’s GPT-4o: What Crypto Traders Are Expecting

2024-05-17 03:51:23

OpenAI’s GPT-4o is about to arrive, folks! The transformative AI pioneer company doesn’t stop their footsteps with ChatGPT4 and has unveiled the latest version of ChatGPT: GPT-4o on May 13, 2024. 

So, what’s so special about GPT-4o? Will the new chatbot model be a catalyst for another bullish round for the AI-themed crypto tokens? And what are the possible impacts it could have on the Web3 world? Read on to find out more.


  • OpenAI reinstated Sam Altman, and Ilya Sutskever will be leaving.
  • GPT-4o enables real-time user engagement and emotion discernment with visuals and audio.
  • Non-subscribers can also enjoy GPT-4o.
  • Mixed performance of AI-related tokens after the news.

Sam Altman’s Come and Go Secures His Leading Role in OpenAI

Sam Altman, acclaimed as the Best CEO of 2023 by Time Magazine, initiated Open AI in 2015. However, he faced a surprising turn of events later in 2023 when he was voted out of his own company due to concerns regarding his perceived negligence towards the potential risks associated with the technology. 

OpenAI’s chief scientist and cofounder, Ilya Sutskever, caught attention 6 months ago when he ousted Altman as CEO and board chairman. It was reported that Sutskever's concerns about Altman pushing AI technology "too far, too fast" drove the decision.

But the management crisis didn’t last long and didn’t shake out Altman’s leading position in the company. Just 5 days after Altman's ouster, Sutskever called for the board's resignation and Altman's return as CEO shortly. 

Last week, Sutskever's departure was announced one day after OpenAI presented its latest AI model, GPT-4, suggesting that the company remains unaffected by the crisis.

What Are the Functions of GPT-4o?

Compared to its predecessor, GPT-4, GPT-4o takes artificial intelligence up a notch. Why? Besides improvements in speed and performance, there are a few unique features of the GPT-4o that could pique your interest.

Capable of Handling Text, Visuals, and Audio

Delivering exceptional speed and improved performance in not only text but also visuals and audio, GPT-4o is truly transforming the game. Moreover, GPT-4o improves multilingual performance with superior quality and speed for 50 languages, making it a more inclusive tool for a global audience.

Provide a Better Real-time User Engagement Experience

This is where AI looks more “AI”: GPT-4o is now capable of real-time user engagement and emotion discernment; it tailors responses with unparalleled precision, delivering an exceptional user experience. In simple words, the AI model is able to understand your emotions and alter its response accordingly.

Incoming Desktop Version

OpenAI has released a new desktop version of ChatGPT for better integration in daily tasks. Users can interact more easily with ChatGPT, using keyboard shortcuts to ask questions or command tasks. Initially available for macOS, a Windows version is expected later this year, enhancing accessibility and the user experience on personal computers.

Updates for ChatGPT Subscribers

In the past, when GPT-4 was OpenAI's top AI language model, a ChatGPT Plus subscription for $20 a month was reasonable. However, with the free access of GPT-4o to non-subscribers, it might be a good time to reconsider. The following are the reasons to subscribe to the ChatGPT Plus Plan with access to GPT-4o:

  • Free ChatGPT users will have a limit on GPT-4o messages, with the specific limit undisclosed by OpenAI. 
  • GPT-4o may be available for a small portion of subscribers.

GPT-4o Pushes the Boundaries of the Competition

GPT-4o's introduction and ChatGPT enhancements are unfolding during a time of fierce competition and rapid progress in the AI industry. Facing competitors like Anthropic and tech heavyweights like Microsoft and Google, OpenAI's latest offerings are poised to redefine user interaction with AI technologies. And we could expect that the competition is not going to slow down. 

In the Web3 world, advancements continue unabated. By leveraging its decentralized nature, Web3 supports computing power for AI and indexes information for better access.

Top Crypto AI Token Performance: Render Token (RNDR), The Graph (GRT)

As investors or traders, we’re always looking for the next wave of flowing capital. Would the release of the GPT-4o set another bullish round for crypto AI tokens? We need to check the leading tokens.

When it comes to the top crypto-AI tokens, Render Token (RNDR) and The Graph (GRT) are noteworthy. Let's look at the performance of these tokens after the news about GPT-4 was released on May 13, 2024.

Render Token (RNDR)

The Render Network is a decentralized GPU rendering platform that allows artists to scale their rendering work globally. Its blockchain marketplace offers idle GPU compute, providing faster and more affordable next-generation rendering compared to centralized GPU clouds.

In simple words, the network allows GPU cloud computing through blockchain technology.

How did Render Token (RNDR) react to the GPT-4o news?

On May 14, 2024, Render Token (RNDR) had a sudden drop from US$11,17 to the lowest of US$9.89. However, the price has slowly climbed up afterwards. 

On May 14, 2024, Render Token (RNDR) had a sudden drop from US$11,17 to the lowest of US$9.89. However, the price has slowly climbed up afterwards.

The Graph (GRT)

The Graph is a decentralized protocol for indexing blockchain data, used in dapps, plots, dashboards, and data analytics. It's used by over 40,000 developers and powers thousands of dApps. To make it simple, you might see it as the “Google of Blockchain.”

How did The Graph (GRT) react to the GPT-4o news?

On May 14, 2024, The Graph (GRT) did not react significantly to the news. However, the GRT price began to rise on May 15, 2024. Traders might want to keep an eye on it.

On May 14, 2024, The Graph (GRT) did not react significantly to the news. However, the GRT price began to rise on May 15, 2024. Traders might want to keep an eye on it.

Want to learn more about other crypto-AI tokens? Check out the CoinEx AI and Big Data Tag.

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Disclaimer: Please note that the information provided on this website is intended for informational purposes only. CoinEx assumes no liability for any financial losses resulting from cryptocurrency trading. It is advised that you conduct your own research.

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