As per reports from Fox News, on April 17, 2023, Elon Musk said Tucker Carlson, anchor, Fox News, that he is working on a similar product like ChatGpt named "TruthGpt," which is a large language model(LLM) made for investigating the unsolved events of the world, stated Cointelegraph. As reported by Cointelegraph, ChatGpt "is programmed by left-wing experts, which train the chatbots to lie," Elon Musk, commented. It is believed that "the deeper problem is not simply that it will become autonomous and turn us all into slaves, but that it will control our understanding of reality and do it in a really dishonest way, and it could be programmed to lie to us for political effect," Tucker Carlson, added further. Reportedly Musk was concerned about safety issues related to the purchase of around 10,000 GPUs. Furthermore, "I think this might be the best path to safety in the sense that an AI that cares about understanding the universe is unlikely to annihilate humans because we are an interesting part of the universe," Elon Musk added on the safety related to the entering in the large language model (LLM) market, Cointelegraph concluded.

As per reports, Alibaba, a Chinese e-commerce platform, might launch an artificial intelligence-based product just like ChatGpt in the "near future," stated Cointelegraph. With insights from the BBC report of April 11, 2023, it is expected that the name of the new product can be Tongyi Qianwen, which in English means "seeking an answer by asking a thousand questions," added Cointelegraph. It is expected that the chatbot will be included in Alibaba's tech business along with its workplace texting app DingTalk and voice assistant smart speaker Tmall Genie. Sources revealed that initially, the chatbot might communicate in English and Mandarin languages. Reportedly its tasks can include turning conversations into written notes, writing emails and drafting business proposals, Cointelegraph highlighted.

The potential behind the metaverse is becoming greater as virtual and physical worlds converge. Market intelligence firm Contrive Datum Insights recently found that the global metaverse market is estimated to surpass $1.3 trillion by 2030. According to the study, this growth will be driven by newly adopted virtual economy trends, combined with the rise of both crypto and online games. Additionally, a recent survey conducted by CoinWire highlighted that the metaverse would likely reshape social lifestyles. CoinWire found that 69% of respondents believe that the metaverse will eventually modify social lifestyles due to new approaches taken for entertainment and activities. Hackl elaborated that technologies such as volumetric video -- a technique that offers a more immersive experience by capturing three-dimensional spaces -- will likely change how individuals communicate.

With the many possibilities opened by ChatGPT, executives within the Web3 space predicted how the artificial intelligence (AI) tool developed by OpenAI would make its impact on the industry. From using the bot for smart contract auditing to enhancing user interactions with AI, various executives gave their thoughts on how the new AI tool will have an impact on the Web3 industry. Dmitry Mishunin, the CEO of the smart contract auditing firm HashEx, believes that ChatGPT will have an influence on the security of smart contracts. Mishunin told Cointelegraph that while the future is unsure, it can go both ways. Mishunin said that an outcome like this will be good for the long term because it will significantly reduce the number of hacks, positively affecting the entire industry. However, the executive believes that things also have the potential to go wrong in a dystopian fiction-like manner.

The metaverses of the coming century are powered by voice assistant artificial intelligence (AI), which powers use cases including personalised suggestions and lifestyle help, as reported by Cointelegraph. For instance, users can access the metaverse and utilise an AI-powered bot to guide them on a tour of several breathtaking locales rather than going to a travel agency's office or speaking to their overworked customer care. In a metaverse, an AI concierge is a personified machine that makes personalised recommendations depending on the preferences of the avatar. The potential of this use case is clear when you consider the volume of data that is now available on each individual. The metaverse uses natural language processing to make it more intimate than the real world.

One reason is that blockchain's use of a decentralized ledger offers insight into the workings of AI systems and the provenance of the data these platforms may be using. As a result, transactions can be facilitated with a high level of trust while maintaining solid data integrity. Not only that, but the use of blockchain systems to store and distribute AI-centric operational models can help in the creation of an audit trail, which in turn allows for enhanced data security. Furthermore, the combination of AI and blockchain, at least on paper, seems to be extremely potent, one that is capable of improving virtually every industry within which it is implemented. For example, the combination has the potential to enhance today's existing food supply chain logistics, healthcare record-sharing ecosystems, media royalty distribution platforms and financial security systems. That said, while there are a lot of projects out there touting the use of these technologies, what benefits do they realistically offer, especially since many AI experts believe that the technology is still in its relative infancy?

Non-fungible token (NFT) sales in 2021 were worth close to $25 billion (roughly Rs. 1,85,722 crore), proving that the sector saw tremendous growth within crypto assets, according to CoinMarketCap. Artificial Intelligence-generated NFTs are expected to be the next big boom within the space. As the name suggests, artificial intelligence Art or AI-generated art refers to any artwork created through the use of artificial intelligence and with companies like OpenAI launching its artificial intelligence programs that creates images from textual descriptions, AI art is more accessible than ever. British auction house Christie's during its fourth annual Art Tech Summit in August 2021 estimated a value of $93 million (roughly Rs. 691 crore) in NFT sales, suggesting that art NFTs have had a huge influence in 2021. Despite their importance, project like CryptoPunks and Bored Ape Yacht Club seem to have grabbed centre stage in the crypto art scene, dominated by cartoons and memes.

Sales of nonfungible tokens, or NFTs, reached $25 billion in 2021, demonstrating that the sector is one of the most sought-after markets in crypto. Art NFTs, in particular, made a big impact last year with Christie's reporting over $93 million in nonfungible token sales during its fourth annual Art Tech Summit that took place this past August. While notable, much of the crypto art scene appears to be dominated by cartoons and memes, as projects like CryptoPunks and Bored Ape Yacht Club have taken center stage. Although these projects are some of the most successful to date, a new subset of NFTs is emerging based on advanced technologies and the human imagination. Known as "AI-generative NFTs," these nonfungible tokens are becoming increasingly popular within the art community, along with those interested in emerging technologies like artificial intelligence, blockchain and the Metaverse.

Artificial intelligence research lab Fetch.ai has partnered with blockchain network Iota to enable a "controlled data sharing environment" for connected devices, setting the stage for a broad leap in Internet of Things (IoT) capabilities. The partnership, which was announced Wednesday, will allow sectors such as mobility, supply chain logistics, finance, healthcare, energy and others to utilize automated data sharing across IoT networks. Iota's native Tangle technology will help facilitate secure payments and communications between devices. "While there are numerous partnerships focusing on data privacy, this one adds the layer of economic benefit for stakeholders via autonomous economic agents without compromising data privacy," said Fetch.ai CEO Humayun Sheikh, adding: Fetch.ai The research lab told Cointelegraph that the Iota partnership will open up many tangible use cases for artificial intelligence and data sharing, such as "collaborative public administration," where autonomous economic agents simplify the public administration process.

Token reward airdrops hope to "nudge" car users into more sustainable behaviors. Artificial intelligence specialists Fetch.ai, and blockchain solutions provider Datarella have announced the launch of a "Smart City" infrastructure trial in Munich, Germany, on Nov. 12. The trial will be centered around the Connex Buildings business center in the city and will use a multi-agent blockchain-based AI platform to optimize parking space management at the building. This is designed to encourage reduced car use, and hence CO2 emissions. Autonomous economic agents will negotiate the "price" of parking spaces between the operators and users.