Dfinity Foundation and SingularityNET Unite to Propel Decentralized AI on Internet Computer Blockchain November 21, 2023 November 21, 2023 Kelly Cromley http://1AZFjzw2#Nwf63pYaMWq#xIY
Market NewsNovember 21, 2023 by Kelly Cromley

Dfinity Foundation and SingularityNET Unite to Propel Decentralized AI on Internet Computer Blockchain

In a significant move to advance decentralized artificial intelligence (DeAI) on the Internet Computer Blockchain (ICP), the Dfinity Foundation, a not-for-profit research and development organization, has joined forces with SingularityNET, an AI-focused blockchain firm. This partnership, revealed in an official press release on November 20, aims to integrate large language models (LLMs) into decentralized applications (DApps) while addressing transparency concerns linked to centralized AI training data.


Initiatives to Decentralize AI Models


Under the partnership terms, Dfinity and SingularityNET are set to introduce various initiatives to forge connections between artificial intelligence and blockchain technologies, smart contracts, and decentralized networks. The core objective is to tackle a critical issue in the AI industry—the lack of transparency in training data due to centralization. By leveraging the strengths of both entities, the collaboration seeks to decentralize AI models, ensuring their tamper-proof nature and transparent operation.


Integration of ICP into NFT Marketplace


One noteworthy initiative involves the integration of ICP into SingularityNET’s non-fungible tokens (NFTs) marketplace. Upon successful integration, AI and web3 developers will gain access to the only blockchain capable of executing true DeAI. Utilizing the Internet Computer blockchain, developers can seamlessly connect with AI services. Decentralized AI models on ICP will operate within smart contracts, ensuring tamper-proof training parameters and open-source functionality.


A Vision for Decentralized AI


Dr. Ben Goertzel, CEO of SingularityNET, emphasized the importance of rapidly moving toward making advanced AI systems available via decentralized networks. He stressed the need for these systems not to be controlled by any exclusive group, large tech company, or government agency. Dr. Goertzel expressed excitement about the evolving capabilities of AI and the potential breakthrough to human-level AGI in the coming years.


Synergizing Grant Programs for Community Engagement


Beyond the ICP integration, Dfinity and SingularityNET plan to enhance their collaboration by merging the Deep Funding and DFINITY Developer Grant Programs. This strategic amalgamation aims to stimulate engagement among community developers, providing essential resources to drive DeAI projects forward. The goal is to leverage the groundbreaking infrastructure of the ICP blockchain to nurture and support innovative initiatives in the decentralized AI space.


Dfinity’s Surge in DeAI Projects on ICP


Dominic Williams, founder and chief scientist of Dfinity, highlighted the significant uptick in projects leveraging AI on the Internet Computer blockchain since the launch of the $5 million DeAI grant in July. He expressed enthusiasm about the collaboration with SingularityNET, seeing it as a vital step toward realizing their vision for DeAI. Williams looks forward to working alongside Dr. Ben Goertzel and the SingularityNET team to further refine the DeAI framework.


In summary, the partnership between Dfinity Foundation and SingularityNET marks a substantial leap in advancing decentralized AI on the Internet Computer Blockchain. The integration of ICP, coupled with the synergized grant programs, reflects a commitment to transparency, tamper-proof AI models, and community-driven innovation in the ever-evolving landscape of blockchain and artificial intelligence.

AuthorKelly Cromley

Kelly is our in house crytpto researcher, delving into the stories which matter from blockchains being used in the real world to new ico coming out.