Near Protocol Launches Ambitious AI Project

by Margarita Armstrong

Conclude to Protocol (NEAR) has initiated a groundbreaking venture in man made intelligence, unveiled on the Redacted conference in Bangkok. This initiative goals to fabricate the sector’s ideal birth-provide AI model, that beneficial properties a resounding 1.4 trillion parameters—3.5 instances greater than Meta’s Llama model.

Contents veil
1 How Does Decentralized AI Shield Privacy?
2 Why Is Decentralization Well-known for AI?

How Does Decentralized AI Shield Privacy?

Participants will have interaction in a aggressive atmosphere by capability of the Conclude to AI Research hub, starting up with a smaller model comprising 500 million parameters. This formidable venture requires a out of the ordinary funding of $160 million, which may per chance honest even be financed by token gross sales, as stated by Illia Polosukhin, a co-founding father of Conclude to Protocol. Token holders can build a question to to glean pleasure from the revenues generated by the AI model.

Why Is Decentralization Well-known for AI?

Based mostly on Edward Snowden, who addressed the conference, centralized AI poses well-known risks, at the side of the aptitude for a surveillance-centric society. He emphasized the need for a decentralized AI framework, aligned with Web3 principles, to safeguard person privacy and advantage transparent technological progress.

Conclude to Protocol’s initiative stands as a pivotal switch against fostering a more birth and responsible AI panorama. As AI’s affect broadens, decentralized approaches may per chance honest a great deal mitigate risks associated with this know-how. Key takeaways from this initiative consist of:

  • Model of a decentralized AI model to defend person privacy.
  • Funding recommendations leveraging token gross sales for financial backing.
  • Collaboration in a aggressive framework by the Conclude to AI Research hub.
  • Advocacy for decentralization as a safeguard in opposition to surveillance.

This venture no longer handiest indicators Conclude to Protocol’s commitment to innovation nonetheless also highlights the rising necessity for privacy-aware AI solutions in an increasingly digital world.

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