Justin Sun's Tron Foundation Pledges to Invest $100 Million in A.I

Tron to launch ChatGPT-based payment system.

ChatGBT is one of the most popular Artificial Intelligence chatbots, with 100M users after its launch.
Google and OpenAI are closely competing with each other in the development of A. I software.

Tron is one of the leading decentralized blockchain-based operating systems developed by the Tron Foundation and was launched in 2017. The blockchain was majorly developed by the contribution of Justin Sun, a 32-year-old crypto enthusiast

Artificial Intelligence has stirred the global technology sector, and leading technology companies are showing keen interest and investing millions of dollars in enhancing its scalability and user base.

Tron revealed its major focused sectors, which are identified as A. I Service Payment Platform, A.I Infused Oracles, A.I. Informed Investment Management Services and A. I Generated Content.

Justin Sun’s foundation plans to invest $100 million in the Artificial Intelligence industry as Google and OpenAI have previously invested in the same. Tron’s founder plans to merge A. I feature in his blockchain for its betterment and efficiency.

One of the oldest financial institutions, JP Morgan, recently published its e-trading Edit report, which notes that Artificial Intelligence and machine learning would be the most influential technology in the future of trading in the coming three years. It is said that the craze of AI is four times larger than blockchain and distributed ledger technology.

ChatGPT, a chatbot launched by OpenAI and after its launch, some started praising the technology. Others began to criticize it and things that artificially are a bane in the current era.

TIME magazine wrote an article detailing the significance of AI in the metaverse. Virtual spaces are gaining much traction lately, with companies like Meta, Microsoft, Nvidia and more engaging in developing immersive digital worlds for users.

According to data from CoinMarketCap, while writing this article, the TRX, the native of the TRON blockchain, was trading at $0.06322 with a 24-hour trading volume of $642,542,378.

TRX holds 15th rank in the crypto market in the context of trading volume and has a market dominance of 0.57%. The market capitalization of TRX is $5,796,871,653.

At press time, JST, another token of the TRON blockchain, was trading at $ 0.02715 with a 24-hour trading volume of $23,583,295.

TRON foundation has majorly invested in three companies- Multichain, XY Finance, and PlayGame Indonesia, and has acquired three other companies, namely Steemit, Coinplay, and BitTorrent.

One of the key benefits of AI is its ability to process vast amounts of data in real-time, making it a valuable tool for decision-making. According to the report, with the exponential growth of data, AI has become essential in helping organizations make sense of information. AI algorithms can identify patterns and trends in the data, allowing organizations to make informed decisions quickly and accurately.