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PaLM AI PALM Price

$0.532

-15.79%

$0.519

24h Range

$0.636

Market Cap

$41,072,940.7

Fully Diluted Valuation

$41,072,940.7

24 Hour Trading Vol

$365,663.4

Circulating Supply

77,199,726.3

Total Supply

77,199,726.3

Max Supply

Info

PALM Price Statistics

PaLM AI Price

$0.532

24h Range

$0.519 - $0.636

Percent Change 1h

-1.5%

Percent Change 24h

-15.79%

Percent Change 7d

-33.37%

All-time high

$1.99

All-time low

$0.000238

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About PaLM AI

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What is PaLM AI (PALM)?

PaLM AI, or Pathways Language Model AI, is an advanced generative AI model developed by Google. It is designed to understand and generate human-like text, making it capable of engaging in complex conversations, generating creative content, and providing informative responses. The model is built on a transformer architecture and leverages the Pathways framework, which allows it to efficiently manage multiple tasks simultaneously. As of early 2024, PaLM has evolved through various iterations, with the latest version boasting 540 billion parameters, enabling it to process and generate text with unprecedented accuracy and fluency.

Who are the Founders of PaLM AI?

PaLM AI was developed by a team at Google Research, spearheaded by key figures such as Jeff Dean, who is the Senior Fellow and Chief Scientist at Google AI, and other prominent researchers including Noam Shazeer and Aidan N. Gomez. The collaborative effort also included contributions from numerous engineers and researchers in the fields of natural language processing (NLP) and machine learning (ML), highlighting Google's commitment to advancing AI technology.

How does PaLM AI Work?

PaLM AI operates using a transformer-based architecture that excels in understanding the context and semantics of language. It utilizes self-attention mechanisms to weigh the importance of different words in a sentence, allowing for nuanced comprehension and generation of text. The model is pre-trained on a diverse dataset, which includes books, websites, and other textual resources, enabling it to learn a wide range of language patterns and styles. Through fine-tuning on specific tasks, PaLM can be adapted for various applications, from conversational agents to content creation tools.

Key Components of PaLM AI:

  • Pathways Architecture: This innovative framework allows the model to scale across different tasks, optimizing resource usage and improving efficiency.
  • Multi-Task Learning: PaLM AI is trained on multiple tasks simultaneously, enhancing its ability to generalize knowledge across different applications.
  • Fine-Tuning: After pre-training, the model undergoes fine-tuning on specific datasets to improve its performance in targeted applications.

Top Use Cases of PaLM AI

PaLM AI has a wide range of applications across various industries. Here are some prominent use cases:

  • Customer Support: Businesses use PaLM AI to power chatbots that can handle customer inquiries efficiently, providing instant responses and improving customer satisfaction.
  • Content Creation: Writers and marketers utilize PaLM to generate creative content, including articles, social media posts, and marketing copy, enhancing productivity and creativity.
  • Education: PaLM AI assists in creating personalized learning experiences by generating tailored educational content and providing tutoring support.
  • Programming Assistance: Developers leverage PaLM to generate code snippets, troubleshoot issues, and provide explanations of programming concepts, streamlining the coding process.
  • Research and Data Analysis: Researchers use PaLM to summarize complex research papers, generate hypotheses, and analyze large datasets, facilitating scientific discovery.

How to Keep your PaLM AI Safe?

Ensuring the safety and security of PaLM AI applications involves several best practices:

  • Data Privacy: Implement strict data handling policies to protect user information and comply with regulations such as GDPR and CCPA.
  • Content Moderation: Use built-in filters and moderation tools to prevent the generation of harmful or inappropriate content.
  • Access Control: Limit access to the model and its APIs to authorized personnel only, reducing the risk of misuse.
  • Monitoring and Auditing: Regularly monitor the interactions generated by PaLM AI and conduct audits to identify and address any potential issues.
  • Feedback Loops: Establish mechanisms for users to provide feedback on AI outputs, allowing for continuous improvement and refinement of the model.
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How to Invest in PaLM AI (PALM)?

Investing in PaLM AI (PALM) or any other cryptocurrency involves several steps:

1Choose a Reliable Exchange: Select a reputable cryptocurrency exchange platform like Coinbase, Binance, or Okx. These platforms allow you to buy, sell, and trade cryptocurrencies.

2Create an Account: Sign up for an account on your chosen exchange by providing the necessary personal information and completing the verification process.

3Fund Your Account: Deposit funds into your exchange account using various methods like bank transfers, credit/debit cards, or wire transfers.

4Buy PaLM AI: Once your account is funded, you can purchase PaLM AI directly from the exchange. Choose the desired amount and complete the transaction.

Investing in PaLM AI (PALM) Using Botsfolio:

Botsfolio is a platform that automates cryptocurrency investments using trading bots. To invest in PaLM AI using Botsfolio, follow these steps:

  • Create a Botsfolio Account: Sign up for a free account on the Botsfolio platform.
  • Create Portfolio: Select an investment type from available options such as Premade crypto portfolios OR Custom crypto portfolio.
  • Connect Your Exchange: Link your chosen cryptocurrency exchange account to Botsfolio through fast connect or API key to enable seamless investing.

Botsfolio allows you to automate your cryptocurrency investments, potentially saving time and effort while optimizing your trading strategies.

What is the Price Prediction for PaLM AI (PALM) in the Long Term?

PaLM AI (PALM) is currently trading at $0.532 and exhibits good potential for future growth. Check the latest PaLM AI (PALM) price prediction.

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