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SingularityNET (AGIX) and Filecoin Foundation Partner to Advance AI Through DePIN Integration - Blockchain.News

SingularityNET (AGIX) and Filecoin Foundation Partner to Advance AI Through DePIN Integration

Luisa Crawford Jul 11, 2024 04:50

SingularityNET (AGIX) and Filecoin Foundation collaborate to enhance AI capabilities and secure data storage using DePIN technology.

SingularityNET (AGIX) and Filecoin Foundation Partner to Advance AI Through DePIN Integration

Collaboration Overview

In a groundbreaking agreement, SingularityNET (AGIX), the AI platform developer based in Zug, Switzerland, and the Filecoin Foundation have announced a strategic collaboration. This partnership aims to enhance AI capabilities through the integration of decentralized physical infrastructure networks (DePIN), according to SingularityNET.

Shared Values and Goals

Both organizations have a longstanding commitment to decentralization, AI ethics, and data provenance. This collaboration is set to highlight their shared values while paving the way for innovative advancements in decentralized AI and secure data storage. One of the notable initiatives includes the formation of an AI Ethics working group, reinforcing their commitment to ethical AI development and deployment.

Key Objectives

The collaboration outlines several short-, mid-, and long-term goals. In the short term, SingularityNET will use the SDK from Lighthouse, a primary data onboarding solution in the Filecoin ecosystem, to store metadata. Mid-term goals involve integrating Filecoin's technology stack into SingularityNET to support archival data needs, enhancing the robustness and security of AI-generated data storage. Long-term objectives include leveraging Filecoin for creating and managing Knowledge Graphs, essential to SingularityNET's Knowledge Layer initiative.

Impact on DePIN and AI

Filecoin is a leading project in the DePIN space, particularly in cloud storage. DePIN projects utilize blockchain technology and cryptoeconomics to create transparent and verifiable networks, aiming for efficient scalability compared to centralized networks. This joint venture will demonstrate the real-world applicability of DePIN and its potential for significant industry impact. The integration of AI services into Filecoin’s decentralized data storage system will foster innovation and make the two ecosystems interoperable and synergistic.

Statements from Key Figures

Dr. Ben Goertzel, CEO of SingularityNET, emphasized the importance of decentralized data handling in modern AI. “Data is a critical aspect of modern AI, and if we are going to grow decentralized AI to the level that we must in order to meet humanity’s needs, we need to handle data in a fully decentralized, secure, flexible, and high-usability way,” said Goertzel.

Danny O’Brien, Senior Fellow at the Filecoin Foundation, expressed enthusiasm for the collaboration. “We are thrilled to work with SingularityNET, an ambitious project that shares our vision of decentralizing artificial intelligence, computing, and storage resources,” O’Brien stated.

About the Organizations

SingularityNET was founded by Dr. Ben Goertzel with the mission of creating a decentralized, democratic, inclusive, and beneficial Artificial General Intelligence (AGI). The team includes seasoned engineers, scientists, researchers, entrepreneurs, and marketers, working on various applications such as finance, robotics, biomedical AI, media, arts, and entertainment.

The Filecoin Foundation facilitates the governance of the Filecoin network, funds research and development projects, and supports the growth of the Filecoin ecosystem and community. Filecoin is a peer-to-peer network that stores files, with built-in economic incentives and cryptography to ensure reliable storage over time.

Together, SingularityNET and the Filecoin Foundation are set to build a future that envisions a decentralized, secure, and intelligent digital ecosystem accessible to all. Their collaboration is expected to inspire new standards and foster unprecedented advancements in the AI and data storage industries.

Image source: Shutterstock