BAT Experiences Nearly 5% Surge as Brave Unveils Leo AI Assistant for Desktop Users

TL;DR:

  • Brave Browser introduces Leo, an AI assistant, that aims to enhance user browsing experiences.
  • Leo initially launched on Brave Nightly and is now rolling out for desktop users, with mobile versions to follow.
  • Leo offers features like summarizing content, answering questions, translating, and rewriting pages.
  • Leo operates with privacy and security in mind, as it doesn’t store chat history or use it for training.
  • A premium package unlocks advanced features, including access to other AI assistants like Claude by Anthropic.
  • BAT’s value surged by almost 5% following the Leo announcement, reaching $0.216.

Main AI News:

In a groundbreaking move, privacy-centric browser Brave has unveiled its latest innovation – Leo, the AI assistant. This cutting-edge system is set to redefine the way users engage with their browsing experiences. Following this momentous announcement, Brave’s native cryptocurrency, BAT, saw an impressive surge of nearly 5% in its value.

Brave Browser Introduces Leo

Leo, the built-in AI assistant, was initially introduced in August on Brave Nightly, the browser’s dedicated testing and development platform. During this period, developers and testers had the opportunity to explore Leo’s capabilities and contribute to its refinement for public use.

Fast forward three months, and Brave is ready to launch Leo, starting with desktop users. The AI assistant will gradually become available on Android and iOS devices in the upcoming months.

Described as a “powerful, privacy-preserving tool,” Leo enhances users’ browsing experiences by offering a wide range of functionalities, including summarizing websites and videos, providing answers to queries, translating content, and even rewriting page content.

To harness the capabilities of this chat-based AI assistant, users simply need to open the Brave browser on their desktop devices. In the URL bar, they can input their questions or commands and select “Ask Leo” from the suggestions, thereby tapping into the generative prowess of the Brave-branded AI system.

Leo’s training is rooted in Meta’s extensive language model, Llama 2. Large language models, such as OpenAI’s ChatGPT, serve as prime examples of this deep learning technology. Despite its foundation in a large language model, Brave has made it clear that Leo will not store chat history or utilize it for model training purposes.

Furthermore, Brave assures users that their interactions with Leo will remain “private, anonymous, and secure.”

The introduction of this built-in AI assistant comes at no cost to users. However, a premium package, priced at $15 per month, unlocks additional features. Premium users will have the privilege of utilizing other large language models, such as Claude, an AI assistant developed by tech startup Anthropic, to generate responses of even higher quality.

Speaking about this integration, Matt Bell, Head of Product at Anthropic, stated: “Brave users, whether they are analyzing text, editing documents, or writing code, can now benefit from personalized assistance from Claude at any time. This integration paves the way for AI to enhance users’ browsing and productivity in an intuitive, context-sensitive manner.”

BAT Witnesses an Impressive Nearly 5% Surge

Following this groundbreaking announcement, the value of BAT experienced a remarkable uptick of nearly 5%, propelling its trading price to as high as $0.216. At the time of writing, BAT continues to trade strongly at $0.21, showcasing the positive market response to Brave’s innovative leap forward.

Source: CoinStats

Conclusion:

Brave’s Leo AI Assistant, coupled with the positive market response reflected in BAT’s significant price surge, underscores the growing demand for privacy-centric browsing experiences and AI-powered tools to enhance user productivity. This move by Brave signals a promising development in the evolving market for privacy-focused internet solutions, with potential implications for cryptocurrency adoption.

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