By CryptoNews - 5 months ago - Reading Time: 3 minutes
Crypto Titans Are Stacking This Dark Horse AI Token as Sam Altman Joins Microsoft – What’s Going On?
Crypto whales acquire AI token $LPXX amid Microsoft’s AI talent acquisition. Image by Kaleb, Adobe Stock.With Microsoft absorbing OpenAI pioneer Sam Altman after his high-profile ouster and AI at the top of everyone’s mind in the tech world, crypto titans are stealthily stockpiling $LPX, the token for dark horse AI trading bot Launchpad XYZ.
Launchpad XYZ intends to open algorithmic trading to the masses through the platform’s custom AI assistant, Apollo.
This bot builds custom trading strategies tailored to each user’s risk appetite.
Stay ahead of risks in crypto with #LaunchpadXYZ
Trade safely, trade smartly #Trading #Web3 #Crypto #Alts pic.twitter.com/eQBGfHo04a
— Launchpad.xyz (@launchpadlpx) November 20, 2023
The project has raised over $2.059 million so far in its $LPX token presale as investors buy into its vision.
The $LPX AI token will unlock access to Launchpad XYZ’s trading algorithms and analytics.
The platform’s ease of use seeks to provide a gateway to crypto trading for newcomers while also appealing to seasoned traders who see AI as the next frontier.
Microsoft Bets Big on AI
The crypto market’s excitement around Launchpad XYZ comes as Microsoft makes big moves in AI.
We remain committed to our partnership with OpenAI and have confidence in our product roadmap, our ability to continue to innovate with everything we announced at Microsoft Ignite, and in continuing to support our customers and partners. We look forward to getting to know Emmett…
— Satya Nadella (@satyanadella) November 20, 2023
Microsoft CEO Satya Nadella announced on X that OpenAI’s ousted CEO Sam Altman will lead a new Microsoft AI division.
Altman’s co-founder Greg Brockman also joined Microsoft after resigning as OpenAI’s chairman. This absorbs OpenAI’s founding duo into Microsoft just days after their high-profile departures.
Microsoft recently invested billions in OpenAI, maker of ChatGPT. It also plans to integrate ChatGPT into Bing search.
Acquiring Altman and Brockman’s expertise boosts Microsoft’s AI capabilities even further.
It also shows how strategic AI talent and top AI tech have become as advanced technologies go mainstream.
Launchpad XYZ’s $LPX AI Token Will Power The Next Generation of Crypto Trading
For crypto whales, $LPX offers exposure to a key AI use case: algorithmic trading.
Launchpad XYZ’s Apollo bot will analyze massive datasets to optimize trading strategies.
This could enable more predictive crypto trading than ever before.
Microsoft’s recent moves in the AI space validate Launchpad XYZ’s mission.
The ability to backtest strategies against years of market data is immensely powerful.
Recognizing the growing potential for AI in crypto trading, industry insiders are looking for ways to get skin in the game.
Spot the whales with #LaunchpadXYZ
Track their moves and strategise #CryptoWhales #Crypto #Web3 pic.twitter.com/UxnYBdteFI
— Launchpad.xyz (@launchpadlpx) November 17, 2023
Launchpad XYZ’s presale offers $LPX at a significant discount.
The project also plans gaming, NFTs, and other features to deepen its ecosystem.
This provides more utility for $LPX beyond trading algorithms.
As AI continues developing new models for finance, Microsoft and crypto whales are placing their bets.
Their interest in Launchpad XYZ and $LPX underscores the seismic impact AI could have on global markets.
Will everyday investors also clamor for AI trading bots soon? Or will these tools primarily benefit crypto whales?
Either way, $LPX appears well-positioned to ride the artificial intelligence trend.
Disclaimer: Crypto is a high-risk asset class. This article is provided for informational purposes and does not constitute investment advice. You could lose all of your capital
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Original source: CryptoNews