Prices of AI tokens decline in the past 24 hours, wiping out 6% of the category’s market capitalization. Apple announced that users can tap into OpenAI’s ChatGPT while using Siri, if they opt for it. Elon Musk criticized Apple’s move to collaborate with OpenAI for AI features in the latest iPhones. The Artificial Intelligence category of crypto tokens extended their losses on Tuesday following Apple’s foray into AI.
CoinGecko shows that the top 5 AI tokens ranked by market capitalization have corrected between 2% and 6% in the last 24 hours. CoinGecko top 5 AI tokens Following tech giant Apple’s announcement of AI feature integration and improvement in its virtual assistant Siri, AI tokens extended their losses. Typically, AI-related positive announcements catalyze gains in asset prices. However, Apple’s AI push failed to have the same effect.
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