The price of the AGIX token increased significantly after the announcement that Microsoft is planning to invest $10 billion in OpenAI
The recent attention surrounding the AI tool ChatGPT has led to a surge in interest and investment in AI-related crypto. One specific project, SingularityNET, saw its token AGIX rise 18 percent in the past day and 80 percent in the past week.
SingularityNET is a project that aims to create a network for connecting AI and machine learning tools to work together to create a general intelligence. The AGIX token is used to enable the core functionality of the platform and is used for transactions, payments, rewards and decisions making on the platform.