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.

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.

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.

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.

블록테크미디어 DANIEL KIM desk@blocktechmedia.com DANIEL KIM의 기사 더보기

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