San Francisco based AI computing platform DeepBrain Chain on Monday announced a new partnership with SingularityNET, a leading full-stack, open-source innovation platform. The partnership will allow SingularityNET’s AI Agents to locate required computing power and data sets via the DeepBrain Chain Network, while also enabling connections between agents that autonomously link one service to another with no user input required.
DeepBrain Chain is working on a marketplace and ecosystem for the development and training of AI modules using integrated cloud networks, while SingularityNET seeks to smooth and improve autonomous interactions between AI agents. SingularityNET plans to use DeepBrain Chain’s AI cloud services for the required computing power to enable anyone to use their SNet service. The two blockchain AI partners said they will prioritize the development of a framework sharing data between their two platforms, so that a user can easily move between them without losing previous work.
Chief AI Officer and Executive VP of DeepBrain Chain, Dongyan Wang said, “Our goal is to make AI more affordable across the market, allowing for further innovation in industries such as healthcare and finance. Being the first AI platform built on the blockchain, we have taken a responsibility to lower computing cost by at least 50 percent. With our new collaboration with SingularityNET, we know we’ll not only lower costs, but begin to create a larger network of data sharing to further capabilities of those trying to significantly impact our daily lives.”
New Artificial Intelligence companies numbered 5,154 between 2012 and 2016, with computation expenses for complex machine learning activities accounting for 20 percent to 30 percent of business operating expenditures, according to DeepBrain Chain
A study released by Narrative Sciences estimated that 62 percent of enterprises will utilize some form of AI by 2018.
- FED Chairman Offers Lukewarm Response On Impact, Utility Of Existing Cryptocurrencies - July 20, 2018
- Boeing Brings In SparkCognition For Help Developing UAV Management Systems - July 19, 2018
- Nervos Network Nets Nearly $30 Million To Build Hybrid Blockchain Platform For Enterprise - July 19, 2018
- Chinese Blockchain Companies Continue To Flourish, If Only In Name - July 18, 2018
- G20 Report Outlines International Collaboration On Standards For Crypto-Assets - July 17, 2018
- Hong Kong Readies Regulator-Backed Trade Finance Platform - July 17, 2018
- RMB to BTC Trading Falls To 1%. Is China Really Out Of The Crypto Game? - July 16, 2018
- Chinese Internet Trends May Spell Trouble For “Disruptive” Crypto Payments - July 13, 2018
- LINE Plans July Cryptocurrency Exchange Launch - July 3, 2018
- McAfee Labs Report 6x Increase in Crypto Mining Malware Incidents in Q1 2018 - June 29, 2018
- Facebook Updates Policy To Allow Vetted Crypto Businesses to Advertise, ICOs Still Banned - June 27, 2018
- Following in Vitalik’s Footsteps? Polkadot’s Habermeier Awarded Thiel Fellowship - June 26, 2018
- SingularityNET and Project Shivom Using AI on Genomic Data to Extend Human Life - June 26, 2018
- Microsoft & EY partner for Royalty Distribution in Gaming - June 26, 2018
- Alibabacoin to Airdrop ABBC Tokens to First 500,000 Wallet Users - June 25, 2018
- Care Records of up to 30 Million UK NHS Patients go on Blockchain - June 25, 2018
- PundiX Signs UTRUST as Liquidity Clearing Provider for Crypto POS Hardware - June 22, 2018
- Blockchain on the Ballot: Indie Party Candidate Joins Texas Senate Race - June 21, 2018
- IONChain Aims to Challenge IOTA on a Chinese Battleground - June 19, 2018
- Takeaways From SEC Director’s Comments on Cryptocurrencies and Securities - June 19, 2018
Facebook Comments