Near Protocol announces plans to build the largest open-source AI model
Written by Ohris M. Greyoon, Blockchain & Crypto Expert
Source: Coinmarketcap
Updated: Nov 10 2024Near Protocol's AI Model Initiative: Near Protocol plans to develop the largest open-source AI model with 1.4 trillion parameters, surpassing Meta's Llama, and will involve crowdsourced research contributions. The project aims to monetize the model while ensuring privacy through an encrypted environment.
Decentralized AI and Privacy Concerns: The initiative emphasizes the need for decentralized AI to prevent surveillance issues associated with centralized systems, as highlighted by guest speaker Edward Snowden, who stressed the importance of maintaining decentralization in AI technology for broader societal benefits.
About the author
Ohris M. Greyoon
Ohris M. Greyoon holds a Master’s in Computer Science from MIT and has 10 years of experience in blockchain technology and cryptocurrency markets. A pioneer in decentralized finance (DeFi) analysis, he leads Intellectia’s Crypto News, offering cutting-edge insights into digital assets.
