Livepeer skyrockets after OpenAI unveils text-to-video AI model
Livepeer (LPT) and SingularityNET (AGIX) prices spiked after OpenAI unveiled its text-to-video AI model Sora. The Livepeer team said its community is looking to bring Sora’s capabilities to the blockchain protocol in coming months. LPT soared 80% to above $14.80, with trading volume up 3,300% in 24 hours. OpenAI announced its Sora, a text-to-video AI model, on Thursday, heralding a new era in the generative AI space. According to OpenAI, Sora can create highly detailed AI videos, featuring complex camera motions, multiple scenes and characters. The announcement saw a rally in the price of Livepeer (LPT) and other AI -related Crypto currencies. On Friday, the Livepeer team revealed that its community was looking into bringing generative video AI capabilities to its platform. Today @OpenAI revealed their research progress on the Sora generative video AI model, with some impressive demonstrations. This helps show the world how powerful generati...