Near Protocol Launches Ambitious AI Project
Written by Ohris M. Greyoon, Blockchain & Crypto Expert
Source: Coinmarketcap
Updated: Nov 10 2024Near Protocol's AI Initiative: Near Protocol has launched an ambitious project to create the world's largest open-source AI model with 1.4 trillion parameters, significantly larger than existing models, backed by a $160 million investment through token sales.
Importance of Decentralization: The initiative emphasizes the need for decentralized AI to protect user privacy and mitigate risks associated with centralized systems, as highlighted by Edward Snowden during the conference.
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.
