Filecoin will leverage AI to assist customers discover its decentralized database.
Filecoin, a decentralized knowledge storage community, is doubling down on its push into synthetic intelligence.
On July 10, the Filecoin Basis introduced a partnership with Theoriq, an AI communication platform, to develop AI Brokers educated utilizing knowledge hosted on the Filecoin community.
The AI Brokers will carry out specialised duties leveraging Filecoin’s dataset, resembling answering questions, superior search queries, and analyzing info with minimal human intervention. As such, the brokers will serve to make accessing Filecoin-based knowledge extra user-friendly.
“These Brokers aren’t merely enhancing person experiences; they’re pivotal in numerous sectors, automating complicated duties, personalizing interactions, and analyzing knowledge with unprecedented accuracy,” Theoriq mentioned. “This evolution signifies a shift in the direction of extra autonomous, environment friendly, and clever methods, catalyzing innovation and remodeling quite a few industries.”
Through the latest Consensus 2024 convention, Porter Stowell, head of group for the Filecoin Basis, demonstrated a Filecoin AI Agent developed in collaboration with Theoriq. Utilizing pure language queries, the agent can present info to customers on how one can construct with Filecoin together with troubleshooting frequent points and offering knowledge storage companies to the community.
Filecoin and Theoriq are additionally working to develop an AI Agent that permits researchers and policymakers to look via multiple million declassified CIA paperwork hosted on Filecoin that have been declassified over 25 years.
Filecoin’s AI pivot
The information comes as Filecoin seems to be establishing itself as a big participant throughout the web3 AI infrastructure sector.
In a latest weblog, Filecoin Basis criticized the centralized incumbents presently dominating the net knowledge storage sector. It mentioned a handful of huge firms are responsible of “siloing info, centralizing management, and leaving it weak to single factors of failure.”
“We’re following the identical path with AI, the place the AI builders are locking down knowledge and code, which impacts the visibility into how AI fashions work like what knowledge they’re utilizing and the way they’re educated,” Filecoin warned.
On Monday, Filecoin introduced a collaboration with the AI infrastructure platform, Nuklai, on constructing a decentralized database to coach AI fashions. This database will use Filecoin’s storage service, known as Lighthouse, to arrange and standardize info for machine studying and AI-training purposes.
“Our goal is to purpose to retailer knowledge effectively, transparently, and in a decentralized method utilizing Filecoin’s decentralized knowledge storage community,” Nuklai mentioned. “Everybody can contribute by sharing and contextualizing datasets.”
The worth of Filecoin (FIL) is down 8% up to now week, based on The Defiant’s crypto worth feeds.
In the meantime, the market capitalization of AI tokens surged by 4.15% on Tuesday, hitting $24.5 billion. Main AI tokens on this development embody Close to Protocol (NEAR), Web Laptop (ICP), Render (RNDR), and SingularityNet (AGIX).
Goldman Sachs Stays Optimistic About AI
On June 25, Goldman Sachs printed a analysis report expressing bullishness relating to the potential of generative AI.
“Generative AI will finally automate 25% of all work duties and lift US productiveness by 9% and GDP development by 6.1% cumulatively over the following decade.”
The report added that whereas automating many AI-exposed duties shouldn’t be cost-effective immediately, the long-term potential for value financial savings and technological developments ought to drive extra AI adoption.
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