The company plans to incorporate additional Large Language Models, such as Google's Bard AI and those provided by OpenAI.
FalconX, a premier broker based in San Francisco, plans to transform the cryptocurrency industry by placing chatbot tech in the "co-pilot seat" for investors.
The chatbot, called Satoshi, will use OpenAI's technology to create investment ideas for users based on their prior trading history, portfolios, and hobbies,The technology is still in its early phases but is developing swiftly, according to Raghu Yarlagadda, CEO of FalconX. In the present prototype, which has only been accessible for a few weeks, users can mostly receive personalized news summaries that are similar to the usual ChatGPT responses to user inquiries.
However, there are plans to incorporate additional Large Language Models, such as Google's Bard, in addition to those provided by OpenAI. FalconX's machine-learning algorithms were incorporated into the platform from the beginning of 2018 to get a clear image of the market, with the initial usage concentrating on cleaning up market data to sift out the fictitious activity and wash trade.While machine-learning algorithms are capable of identifying patterns and foreseeing acts, they are unable to direct traders' future moves.
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