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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...

Krafton’s Roblox-like video game is said to rely on generative artificial intelligence and be based on the game engine Unreal Engine 5. South Korea’s game developer Krafton, best known for its global mega-hit PlayerUnknown’s Battlegrounds (PUBG), is set to compete with Roblox with its new product, according to The Korea Economic Daily (KED), a business daily newspaper. As per the report, the new video game, Overdare (formerly Project Migaloo), is being developed with Naver Z, a metaverse unit of Naver Corp, a South Korean internet conglomerate. Overdare, a mobile-based user-generated content (UGC) platform, is expected to compete with The Sandbox and Roblox, popular building video games. The video game will use Unreal Engine 5 and generative artificial intelligence, although no details on the latter were provided. The report adds that Overdare allows players to customize their digital avatars and chat with friends. You might also like: The rise of b...