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ICP Makes History with First ‘Fully Onchain’ AI Model Hosting

ICP Makes History with First ‘Fully Onchain’ AI Model Hosting

99bitcoins99bitcoins2024/08/28 19:39
By:Isaiah MccallSam Cooling

DecideAI has anchored an older AI model onto the Internet Computer blockchain (ICP), Price Trading volume in 24h Last 7d price movement , in a bold leap for AI and blockchain.

This breakthrough signals a shift toward a decentralized future for AI, setting the stage for innovative applications that blur traditional tech boundaries.

Well, as “ decentralized ” as ICP is, here’s what else you should know about this partnership.

Pioneering Onchain AI with ICP and GPT-2

August 28 marked a pivotal announcement from DecideAI: They’ve unleashed OpenAI’s GPT-2 onto the ICP blockchain. This isn’t just any model; launched in 2019, GPT-2 is a powerhouse, now serving as a sandbox for pioneering AI deployment tactics.

“A crucial stepping stone toward more sophisticated onchain AI models,” stated DecideAI, emphasizing the potential applications in sectors like healthcare.

Raheel Govindji, explained that this initiative aims to revolutionize how AI models are trained and maintained. DecideAI seeks to enhance transparency, trust, and privacy in AI operations by bringing AI to the blockchain.

Raheel Govindji, founder and CEO of DecideAI, aims to push boundaries by merging AI with blockchain to revolutionize model training. By partnering with ICP, he plans to rewrite the rulebook on training and upkeep, aiming for a new era of transparency, trust, and privacy.

$ICP is the best pic.twitter.com/toFd0eueoN

— Trade Express™ (Won't DM first) (@TradeExpressInc) August 23, 2024

The use of AI models with blockchain technology has wide-ranging implications. DecideAI envisions applications in different industries, such as enhanced fraud detection in finance and more reliable data training in education.

“A decentralized AI could help address inherent trust problems and privacy concerns,” Govindji noted.

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Overcoming Trust Barriers in AI Adoption

Trust in AI is the elephant in the room. A Salesforce survey shows half of global knowledge workers are wary of the data feeding these systems.

Onchain verification could be the game-changer, offering transparency for AI-reliant industries. As DeFi trends lean into AI for tasks like identity checks and anti-money laundering, this tech mashup could be beneficial to both industries.

“Nearly 70% of those who don’t trust AI training data said they were hesitant to adopt the technology,” according to Salesforce.

With its gaze fixed forward, DecideAI is venturing into sophisticated on-chain AI, targeting Ethereum and Solana next. This is a push toward a future where AI ecosystems thrive across diverse blockchain landscapes.

“We’re excited to see how developers and enterprises will leverage this technology to create innovative solutions previously unimaginable in the blockchain space,” said Lomesh Dutta, Dfinity’s vice president of growth.

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Disclaimer: Crypto is a high-risk asset class. This article is provided for informational purposes and does not constitute investment advice. You could lose all of your capital.

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Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

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