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    Crypto.com Introduces AI User Assistant “Amy” Based on ChatGPT

    The integration of artificial intelligence (AI) continues to make its mark across various industries, and the latest entrant in the crypto space is Crypto.com. The crypto exchange has unveiled its new AI user assistant, named “Amy,” designed to provide users with valuable insights about the industry, including real-time token prices, project updates, historical events, and more.

    Amy, built on the foundation of ChatGPT, was announced on May 2 by Crypto.com. Currently in the pilot phase, Amy aims to gather valuable learnings before expanding its functionality in the future. Abhi Bisarya, the executive vice president of product at Crypto.com, expresses bullishness about the utilization of AI in the crypto sector.

    By incorporating the AI feature into its platform, Crypto.com joins the ranks of other cryptocurrency exchanges and wallets that have recognized the potential of AI. For instance, OKX exchange recently launched an AI algorithm to capture and analyze crypto market volatility, providing users with enhanced insights.

    On April 26, Solana Labs, a Web3 infrastructure company, introduced its own ChatGPT-based plugin, leveraging AI to fetch blockchain data for tasks such as checking wallet balances, transferring tokens, and purchasing non-fungible tokens (NFTs).

    Binance, another prominent cryptocurrency exchange, has also ventured into the AI space with the launch of its AI chatbot. Similar to Crypto.com, the Binance chatbot emphasizes user education as part of its Web3 academy, aiming to empower users with knowledge about the crypto ecosystem.

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