Dfinity and Singularitynet Team Up for AI Progress
The Dfinity Foundation, a non-profit organization, and Singularitynet, a decentralized AI marketplace, have announced a collaboration to enhance decentralized artificial intelligence infrastructure. The teams aim to integrate the Singularitynet framework with the Internet Computer blockchain to address challenges in AI tools and services.
Both organizations believe the centralized nature of current AI tools affects the transparency of training data and results’ trust. They hope to counter these issues by offering AI and Web3 developers access to a blockchain capable of running genuine decentralized artificial intelligence.
Decentralized AI models on the Internet Computer Protocol will operate within smart contracts, ensuring open-source, tamper-proof training parameters and inputs. The Singularitynet Marketplace will connect AI service providers with blockchain application developers, ensuring the transparency and verification of all large language models published.
Dominic Williams, the founder of the Dfinity Foundation, stated, “The Internet Computer has been at the forefront of hosting artificial intelligence on the blockchain. This initiative with Singularitynet will further realize our vision for decentralized AI.”
The synergy is expected to empower developers to deploy advanced AI models using blockchain technology, executing algorithms at unprecedented speeds. Both organizations will merge their grant programs, creating a platform for community developer engagement and fostering development within the decentralized AI space.
ICP’s value has declined by 4.5% this week compared to the U.S. dollar, while Singularitynet’s AGIX token has seen a significant boost, soaring 19.4% in the last seven days. ICP has experienced over a 40% increase this month, while AGIX has gained 70% against the greenback in the last 30 days.
Hot Take: Advancing Decentralized AI with Dfinity and Singularitynet
The collaboration between the Dfinity Foundation and Singularitynet has the potential to revolutionize the landscape of decentralized artificial intelligence. By integrating advanced technologies, the initiative seeks to improve the accessibility and transparency of large language models, providing a robust foundation for the future of AI in blockchain technology.
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