SingularityNET (AGIX) Reports Major Developments in H1 2024
The post SingularityNET (AGIX) Reports Major Developments in H1 2024 appeared on BitcoinEthereumNews.com.
Tony Kim Sep 30, 2024 19:10 SingularityNET (AGIX)’s H1 2024 update showcases key advancements, including the ASI Alliance merger, AI infrastructure investment, and progress towards AGI. SingularityNET (AGIX) has unveiled a comprehensive update for the first half of 2024, highlighting significant progress across various initiatives. The report, authored by COO Janet Adams, covers pivotal advancements in their roadmap, the ASI Alliance merger, partnerships, and a strategic move towards decentralization. Artificial Superintelligence Alliance Token Merger On March 27, 2024, SingularityNET announced a three-way token merger with decentralized AI industry leaders Fetch.ai and Ocean Protocol. This merger created the Artificial Superintelligence Alliance, the largest open-sourced, decentralized network focused on accelerating the development of decentralized AGI and ASI for the benefit 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 process was complete, and the integration phase commenced. Over 50% of the circulating token supply had already merged, consolidating under the Artificial Superintelligence Alliance (FET) token. Initial $53M AI Infrastructure Investment SingularityNET announced a groundbreaking $53 million investment to build the world’s first modular supercomputer dedicated to decentralized AGI and ASI R&D. The supercomputer will optimize the training of Deep Neural Networks (DNNs), Large Language Models (LLMs), and hybrid neural-symbolic computing architectures like OpenCog Hyperon. The first phase of this supercomputer is expected to come online by the end of 2024 or early 2025. Progress Toward AGI SingularityNET published its Progress Toward Beneficial General Intelligence (BGI) report, detailing advancements in the OpenCog Hyperon AGI framework. Key achievements include enhancements to the Hyperon’s cognitive components and experiential learning projects like ROCCA and NARS. The report also outlines future development plans, focusing on real-world applications and expanding Hyperon components. Decentralized AI…
Filed under: News - @ October 2, 2024 2:17 am