Three organizations in the field of artificial intelligence (AI) plan to combine to form the Artificial Superintelligence Alliance.
fetch eye, ocean protocol and Singularity NET The companies said in a paper Wednesday (March 27) that they aim to create “a decentralized alternative to existing AI projects controlled by Big Tech.” press release.
The proposed partnership would require approval from the three organizations' respective communities, according to the release.
As part of this partnership, the tokens that power members' networks ($FET, $OCEAN, $AGIX) will be consolidated into a single $ASI token that will function across the composite decentralized network created by this partnership, according to the release. will be done. .
As of Tuesday (March 26), the three tokens have a combined value of $7.6 billion, according to the release.
“The creation of the largest open source decentralized network through a multi-billion token merger is a major step in accelerating the race to artificial general intelligence (AGI),” the release states.
According to the release, the Artificial Superintelligence Alliance is also integrating SingularityNET's decentralized AI network, Fetch.ai's Web3 platform, and Ocean Protocol's decentralized data exchange platform.
“This agreement provides a unique opportunity for these three influential leaders to create a powerful and compelling alternative to Big Tech's dominance over the development, use, and monetization of AI.” stated in the release.
According to the release, blockchain technology will turn AI systems into open networks for coordinating machine intelligence, rather than exposing the inner workings of AI systems to the public.
The partnership will also accelerate the commercialization of this technology, facilitate access to AI platforms and large-scale databases, and advance the path to AGI on blockchain, the release said.
Another recent development in this field is Stability AI announced on Friday (March 22) that founder and CEO Emad Mostaq has resigned as CEO and resigned from the board of directors. decentralized AI.
“As AI becomes increasingly important, we need more transparent and decentralized governance of AI,” Mostak said when announcing his move. “This is a difficult problem, but I think it can be solved…The concentration of power in AI is bad for all of us. I am stepping down to solve this problem in Stability and other departments. Did.”