Token

Rally

Render

Injective

Internet Computer

<p>The <a href="https://coingape.com/glossary/artificial-intelligence/" target="_blank" rel="noopener">artificial intelligence (AI)</a> tokens are witnessing a surge, with tokens like INJ, ICP, and RNDR gaining momentum on December 14. Meanwhile, this rally follows Cathie Wood’s ArkInvest lauding open-source AI models like Mixtral over established models such as OpenAI’s ChatGPT.</p> 
<p>Notably, the comparison comes as ArkInvest’s updated chart showcases the performance of these models, emphasizing the remarkable progress made by open-source contenders.</p> 
<h2 id="cathie-wood-s-arkinvest-praises-opensource-ai">Cathie Wood’s ArkInvest Praises Opensource AI</h2> 
<p>Cathie Wood’s ARK Invest recently shared insights into the evolving landscape of AI models, with a focus on open-source versus closed systems. Notably, the research presents a chart highlighting the absolute log error of performance on Massive Multitask Language Understanding (MMLU) benchmarking.</p> 
<p>Meanwhile, the data suggests that open-source models, including Mixtral, are <a href="https://coingape.com/openai-competitor-mistral-ai-secures-414-mln-in-funding-google-microsoft-overshadowed/" target="_blank" rel="noopener">making notable strides</a>, even outperforming OpenAI’s ChatGPT models with fewer parameters. Cathie Wood, sharing the post and chart, expressed enthusiasm about the performance of open-source large language models (LLMs), acknowledging the tech race’s significance.</p> 
<p>While centralized giants like Google’s Gemini and <a href="https://coingape.com/openai-launches-next-gen-ai-model-gpt-4-calls-it-the-most-advanced-system-till-date/" target="_blank" rel="noopener">OpenAI’s ChatGPT-4</a> currently dominate the AI landscape, the research points towards a potential shift. In addition, the data implies that open-source AI models could surpass centralized counterparts by 2024, marking a significant turning point in the AI race.</p> 
<p>The emphasis on open-source AI aligns with the broader push for democratizing access to generative AI. However, amid this latest update, the AI tokens also witnessed a significant rally, suggesting that the investors are shifting their focus towards the segment.</p> 
<figure id="attachment_169356" aria-describedby="caption-attachment-169356" style="width: 100%" class="wp-caption aligncenter">
 <img decoding="async" class="wp-image-169356 size-full" src="https://coingape.com/wp-content/uploads/2023/12/ArkInvest-Opensource-VS-Private-AI-Models-Chart.jpg" alt="" width="4096" height="2083" srcset="https://coingape.com/wp-content/uploads/2023/12/ArkInvest-Opensource-VS-Private-AI-Models-Chart.jpg 4096w, https://coingape.com/wp-content/uploads/2023/12/ArkInvest-Opensource-VS-Private-AI-Models-Chart-300x153.jpg 300w, https://coingape.com/wp-content/uploads/2023/12/ArkInvest-Opensource-VS-Private-AI-Models-Chart-1224x622.jpg 1224w, https://coingape.com/wp-content/uploads/2023/12/ArkInvest-Opensource-VS-Private-AI-Models-Chart-768x391.jpg 768w, https://coingape.com/wp-content/uploads/2023/12/ArkInvest-Opensource-VS-Private-AI-Models-Chart-1536x781.jpg 1536w, https://coingape.com/wp-content/uploads/2023/12/ArkInvest-Opensource-VS-Private-AI-Models-Chart-2048x1042.jpg 2048w, https://coingape.com/wp-content/uploads/2023/12/ArkInvest-Opensource-VS-Private-AI-Models-Chart-150x76.jpg 150w" sizes="(max-width: 4096px) 100vw, 4096px">
 <figcaption id="caption-attachment-169356" class="wp-caption-text">
  Opensource Vs. Private Models, Source: ArkInvest
 </figcaption>
</figure> 
<p><strong>Also Read: <a href="https://coingape.com/binance-faces-potential-exit-in-the-philippines-know-the-timeline/" target="_blank" rel="noopener">Binance Faces Potential Exit In The Philippines, Know The Timeline</a></strong></p> 
<h2 id="ai-token-rallies">AI Token Rallies</h2> 
<p>The AI &amp; Big Data tokens noted a surge of 15.58% in its market cap over the last 24 hours to $18.78 billion, while its trading volume soared 11.82% to $1.70 billion. The notable increase indicates that the market participants are putting their bets in the segment.</p> 
<p>So, let’s quickly look at the top-performing <a href="https://coingape.com/top-ai-crypto-tokens/" target="_blank" rel="noopener">AI crypto tokens</a> of today.</p> 
<h3 id="top-ai-tokens-for-today-are">Top AI Tokens For Today Are</h3> 
<h4>Injective (INJ) Rallies 27%</h4> 
<p>The <a href="https://coingape.com/education/what-is-injective/" target="_blank" rel="noopener">Injective</a> price was up 27.37% and traded at $31.15, reflecting the bullish sentiment witnessed in the broader crypto market. Meanwhile, with its recent gains, it also marked a place in the top percentage movers of today.</p> 
<p>The trading volume of the crypto soared 37% to $433.82 million. Notably, the <a href="https://coingape.com/markets/injective-price-prediction-whats-next-for-inj-after-67-surge/" target="_blank" rel="noopener">INJ crypto</a> has also touched its yearly high of $32.10 in the last 24 hours.</p> 
<figure id="attachment_169361" aria-describedby="caption-attachment-169361" style="width: 100%" class="wp-caption aligncenter">
 <img decoding="async" class="size-full wp-image-169361" src="https://coingape.com/wp-content/uploads/2023/12/Injective-INJ-Crypto-Chart-14-12-23.png" alt="Injective (INJ) Crypto Chart" width="987" height="706" srcset="https://coingape.com/wp-content/uploads/2023/12/Injective-INJ-Crypto-Chart-14-12-23.png 987w, https://coingape.com/wp-content/uploads/2023/12/Injective-INJ-Crypto-Chart-14-12-23-300x215.png 300w, https://coingape.com/wp-content/uploads/2023/12/Injective-INJ-Crypto-Chart-14-12-23-768x549.png 768w, https://coingape.com/wp-content/uploads/2023/12/Injective-INJ-Crypto-Chart-14-12-23-150x107.png 150w" sizes="(max-width: 987px) 100vw, 987px">
 <figcaption id="caption-attachment-169361" class="wp-caption-text">
  Injective (INJ) Crypto Chart
 </figcaption>
</figure> 
<h4>Internet Computer (ICP) Surges 13%</h4> 
<p>The Internet Computer crypto was another leading AI token, that has gained significant attention with its recent price jump. As of writing, the <a href="https://coingape.com/price/internet-computer-icp/" target="_blank" rel="noopener">Internet Computer price</a> was up 13.09% and traded at $6.38, while its trading volume rose 36.17% to $149.78 million. Meanwhile, the crypto has touched a high of $6.43 and a low of $5.63 in the last 24 hours.</p> 
<figure id="attachment_169362" aria-describedby="caption-attachment-169362" style="width: 100%" class="wp-caption aligncenter">
 <img decoding="async" class="size-full wp-image-169362" src="https://coingape.com/wp-content/uploads/2023/12/Internet-Computer-ICP-Chart-14-12-23.png" alt="Internet Computer (ICP) Chart" width="991" height="707" srcset="https://coingape.com/wp-content/uploads/2023/12/Internet-Computer-ICP-Chart-14-12-23.png 991w, https://coingape.com/wp-content/uploads/2023/12/Internet-Computer-ICP-Chart-14-12-23-300x214.png 300w, https://coingape.com/wp-content/uploads/2023/12/Internet-Computer-ICP-Chart-14-12-23-768x548.png 768w, https://coingape.com/wp-content/uploads/2023/12/Internet-Computer-ICP-Chart-14-12-23-150x107.png 150w" sizes="(max-width: 991px) 100vw, 991px">
 <figcaption id="caption-attachment-169362" class="wp-caption-text">
  Internet Computer (ICP) Chart
 </figcaption>
</figure> 
<h4>Render (RNDR) Jumps 21%</h4> 
<p>The Render crypto was another top movers in the digital asset space on Thursday. The Render price increased by 20.61% to trade at $4.75 during writing, while its trading volume advanced 14.45% to $251.71 million.</p> 
<p>Notably, the Render crypto also touched its yearly high of $4.80 over the last 24 hours, suggesting the growing confidence of the investors towards the segment.</p> 
<figure id="attachment_169363" aria-describedby="caption-attachment-169363" style="width: 100%" class="wp-caption aligncenter">
 <img decoding="async" class="size-full wp-image-169363" src="https://coingape.com/wp-content/uploads/2023/12/Render-RNDR-Crypto-Chart-14-12-23.png" alt="Render (RNDR) Crypto Chart" width="968" height="616" srcset="https://coingape.com/wp-content/uploads/2023/12/Render-RNDR-Crypto-Chart-14-12-23.png 968w, https://coingape.com/wp-content/uploads/2023/12/Render-RNDR-Crypto-Chart-14-12-23-300x191.png 300w, https://coingape.com/wp-content/uploads/2023/12/Render-RNDR-Crypto-Chart-14-12-23-768x489.png 768w, https://coingape.com/wp-content/uploads/2023/12/Render-RNDR-Crypto-Chart-14-12-23-150x95.png 150w" sizes="(max-width: 968px) 100vw, 968px">
 <figcaption id="caption-attachment-169363" class="wp-caption-text">
  Render (RNDR) Crypto Chart
 </figcaption>
</figure> 
<p><strong>Also Read: <a href="https://coingape.com/major-factors-confirming-ath-for-bitcoin-price-and-crypto-market/" target="_blank" rel="noopener">Major Factors Confirming ATH For Bitcoin Price And Crypto Market</a></strong></p> 
<p>The post <a href="https://coingape.com/ai-tokens-rally-as-cathie-wood-arkinvest-lauds-opensource-models-over-chatgpt/">AI Tokens Rally As Cathie Wood’s ArkInvest Lauds OpenSource Models Over ChatGPT</a> appeared first on <a href="https://coingape.com">CoinGape</a>.</p>

AI Tokens Rally As Cathie Wood’s ArkInvest Lauds OpenSource Models Over ChatGPT

Table of Contents

Coingape News Media

Other articles published on Dec 14, 2023

Price prediction for ADA with a 143% surge for Cardano staking trends

Ali Martinez Predicts 100% Surge for Polygon, Ethereum Shows Mixed Signals as Everlodge Aims To D...

What is Limestone?

Grayscale CEO Takes Jab at Bitcoin Detractor Jamie Dimon

Avalanche (AVAX) Hits New Yearly High at $42.90 – What’s the Next Price Target?

Why Ethereum’s rally might end sooner than expected

Join our free newsletter for daily crypto updates!