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Breaking News: Bitcoin Price To Recover $100,000: BTIG Cites Key Reasons For Optimism
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Breaking News: Bitcoin Price To Recover $100,000: BTIG Cites Key Reasons For Optimism

Binance Square selects ChainGPT as its first AI-generated news provider

NewsBTC
NewsBTC
Last Updated: February 22, 2024 4:29 pm
2 mins read

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Strict editorial policy that focuses on accuracy, relevance, and impartiality
Created by industry experts and meticulously reviewed
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In the social media age, news plays a vital role in how we interpret and interact with the world. Within the crypto and Web3 spaces, however, the position of news media is often more contentious and biased than in other industries.

Given the industry’s 24/7 markets, complex landscape, and rapidly changing narratives surrounding events, organizing Web3 news poses a significant challenge to publications looking to provide objective and accurate news content. As a result, staying informed and forming a truly unbiased outlook demands considerable time and effort from readers and investors attempting to keep tabs on the industry.

In an attempt to solve this very issue plaguing the industry, ChainGPT, an AI-powered Web3 infrastructure providing a diverse suite of tools and services, built its AI Generated News platform, which avoids human bias by strictly extracting critical insights from a broad range of sources and focusing on crucial value points.

By consolidating objective information into one easily accessible platform capable of continuously learning and summarizing information, ChainGPT’s AI Generated News platform can generate a wide range of articles, including community modules, daily news readouts, and interactive trading guides.

The success of this project attracted the attention of Binance Square, a leading news platform powered by Binance that focuses on developments and insights related to the crypto and Web3 space. The collaboration between Binance Square and ChainGPT manifests itself with the ChainGPT AI News feed which generates concise and objective hourly articles on trending topics and breaking news within the industry.

ChainGPT CEO and Founder Ilan Rakhmanov shared his thoughts on the partnership, stating that: “Collaborating with Binance Square is a major achievement for ChainGPT as its website hosts such a diverse and knowledgeable community of crypto enthusiasts. Together, ChainGPT and Binance Square are helping crypto enthusiasts stay informed in the fast-paced Web3 world simpler and more effective. Our AI News Generator enables readers access to reliable, objective, and continuously updated information.”

As a one-stop-shop for all Web3 content, ChainGPT’s service helps aggregate and deliver objective, streamlined news to Binance Square’s millions of daily users, fostering the development of a valuable information hub within Binance Square’s ecosystem through the use of generative AI.

ChainGPT’s AI Generated News platform operates by utilizing a fully automated AI model that aggregates breaking news, trends, and other information from reliable sources across the internet—including news sites and verified social media accounts. The model then writes short and easily digestible articles about the most important and discussed events in the blockchain industry before automatically going live on Binance Square’s website.

By consolidating objective information into one easily accessible platform capable of continuously learning and summarizing information, ChainGPT’s platform can generate a wide range of articles, including community modules, daily news readouts, and interactive trading guides. It demonstrates the power of how AI and blockchain technologies can come together to solve vital problems in disinformation and news delivery.

 

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Reason to trust

Strict editorial policy that focuses on accuracy, relevance, and impartiality
Created by industry experts and meticulously reviewed
The highest standards in reporting and publishing
How Our News is Made

Strict editorial policy that focuses on accuracy, relevance, and impartiality

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