NEAR Protocol

Near Protocol (NEAR) has initiated a groundbreaking project in artificial intelligence, unveiled at the Redacted conference in Bangkok. This initiative aims to create the world’s largest open-source AI model, featuring an impressive 1.4 trillion parameters—3.5 times larger than Meta’s Llama model.Contents hide1 How Does Decentralized AI Protect Privacy?2 Why Is Decentralization Important for AI?<h2 id="header-0">How Does Decentralized AI Protect Privacy?</h2>Participants will engage in a competitive environment via the Near AI Research hub, starting with a smaller model comprising 500 million parameters. This ambitious venture requires a substantial investment of $160 million, which will be financed through token sales, as stated by Illia Polosukhin, a co-founder of Near Protocol. Token holders can expect to benefit from the revenues generated by the AI model.<h2 id="header-1">Why Is Decentralization Important for AI?</h2>According to Edward Snowden, who addressed the conference, centralized AI poses significant risks, including the potential for a surveillance-centric society. He emphasized the need for a decentralized AI framework, aligned with Web3 principles, to safeguard user privacy and encourage transparent technological progress.Near Protocol’s initiative stands as a pivotal move towards fostering a more open and accountable AI landscape. As AI’s influence broadens, decentralized approaches may significantly mitigate risks associated with this technology. Key takeaways from this initiative include:<ul><li>Development of a decentralized AI model to protect user privacy.</li><li>Investment strategies leveraging token sales for financial backing.</li><li>Collaboration in a competitive framework through the Near AI Research hub.</li><li>Advocacy for decentralization as a safeguard against surveillance.</li></ul>This project not only signals Near Protocol’s commitment to innovation but also highlights the growing necessity for privacy-conscious AI solutions in an increasingly digital world.&#x1f4f0; More News: <a href="https://www.topcrypton.com" rel="noopener noreferrer nofollow">https://www.topcrypton.com</a>#Near #NearProtocol

Near Protocol Launches Ambitious AI Project

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