Tony Kim
Sep 30, 2024 19:10
SingularityNET (AGIX)’s H1 2024 replace showcases key developments, together with the ASI Alliance merger, AI infrastructure funding, and progress in direction of AGI.
SingularityNET (AGIX) has unveiled a complete replace for the primary half of 2024, highlighting important progress throughout varied initiatives. The report, authored by COO Janet Adams, covers pivotal developments of their roadmap, the ASI Alliance merger, partnerships, and a strategic transfer in direction of decentralization.
Synthetic Superintelligence Alliance Token Merger
On March 27, 2024, SingularityNET introduced a three-way token merger with decentralized AI trade leaders Fetch.ai and Ocean Protocol. This merger created the Synthetic Superintelligence Alliance, the most important open-sourced, decentralized community centered on accelerating the event of decentralized AGI and ASI for the advantage of all sentient beings.
AGIX token holders participated in a governance vote from April 4 to April 16, 2024, with a supermajority approving the merger. By June 22, 2024, the core token merger course of was full, and the mixing section commenced. Over 50% of the circulating token provide had already merged, consolidating underneath the Synthetic Superintelligence Alliance (FET) token.
Preliminary $53M AI Infrastructure Funding
SingularityNET introduced a groundbreaking $53 million funding to construct the world’s first modular supercomputer devoted to decentralized AGI and ASI R&D. The supercomputer will optimize the coaching of Deep Neural Networks (DNNs), Massive Language Fashions (LLMs), and hybrid neural-symbolic computing architectures like OpenCog Hyperon. The primary section of this supercomputer is anticipated to come back on-line by the tip of 2024 or early 2025.
Progress Towards AGI
SingularityNET printed its Progress Towards Helpful Normal Intelligence (BGI) report, detailing developments within the OpenCog Hyperon AGI framework. Key achievements embody enhancements to the Hyperon’s cognitive elements and experiential studying initiatives like ROCCA and NARS. The report additionally outlines future growth plans, specializing in real-world functions and increasing Hyperon elements.
Decentralized AI Platform Technique
In February, SingularityNET shared its Decentralized AI Platform technique and roadmap for 2024. The report emphasizes the Web of Information, integrations with different decentralized networks like HyperCycle and NuNet, scalability and usefulness enhancements, and focused adoption initiatives like Deep Funding and ecosystem spinoffs.
New Government Rent
Nick Nayfack joined SingularityNET as the brand new Chief Product Officer. With over 20 years of expertise in deep tech for AI, web3, funds, and cellular, Nayfack is anticipated to drive the corporate’s product technique and growth ahead.
Deep Funding Initiatives
Deep Funding, a community-driven program, has funded 109 various initiatives with a complete of $4,307,343 in AGIX. This system goals to help the expansion of the Decentralized AI Platform by focused funding rounds and group engagement initiatives.
Decentralization Efforts
SingularityNET is actively engaged on decentralization by its Decentralization Blueprint and community-driven initiatives just like the International AI Ethics Initiative. The corporate goals to collect various views to develop secure and moral AI that advantages all of humanity.
Advertising and Neighborhood Engagement
SingularityNET noticed a 15.5% enhance in its following throughout all platforms, reaching 264,014. The corporate has launched a number of new initiatives, together with a TikTok channel and a devoted short-form video technique. The advertising workforce can be working carefully with Fetch.ai and Ocean Protocol to advertise the Synthetic Superintelligence Alliance.
For extra detailed info, go to the official SingularityNET replace.
Picture supply: Shutterstock
