Filecoin will leverage AI to assist customers discover its decentralized database.
Filecoin, a decentralized knowledge storage community, is doubling down on its push into synthetic intelligence.
On July 10, the Filecoin Basis introduced a partnership with Theoriq, an AI communication platform, to develop AI Brokers educated utilizing knowledge hosted on the Filecoin community.
The AI Brokers will carry out specialised duties leveraging Filecoin’s dataset, reminiscent of answering questions, superior search queries, and analyzing info with minimal human intervention. As such, the brokers will serve to make accessing Filecoin-based knowledge extra user-friendly.
“These Agents are not merely enhancing user experiences; they are pivotal in various sectors, automating complex tasks, personalizing interactions, and analyzing data with unprecedented accuracy,” Theoriq mentioned. “This evolution signifies a shift towards more autonomous, efficient, and intelligent systems, catalyzing innovation and transforming numerous industries.”
Throughout the latest Consensus 2024 convention, Porter Stowell, head of group for the Filecoin Basis, demonstrated a Filecoin AI Agent developed in collaboration with Theoriq. Utilizing pure language queries, the agent can present info to customers on the best way to construct with Filecoin together with troubleshooting frequent points and offering knowledge storage companies to the community.
Filecoin and Theoriq are additionally working to develop an AI Agent that permits researchers and policymakers to go looking by means of a couple of million declassified CIA paperwork hosted on Filecoin that have been declassified over 25 years.
Filecoin’s AI pivot
The information comes as Filecoin seems to be establishing itself as a big participant throughout the web3 AI infrastructure sector.
In a latest weblog, Filecoin Basis criticized the centralized incumbents at present dominating the net knowledge storage sector. It mentioned a handful of huge firms are responsible of “siloing information, centralizing control, and leaving it vulnerable to single points of failure.”
“We’re following the same path with AI, where the AI developers are locking down data and code, which impacts the visibility into how AI models work like what data they’re using and how they’re trained,” Filecoin warned.
On Monday, Filecoin introduced a collaboration with the AI infrastructure platform, Nuklai, on constructing a decentralized database to coach AI fashions. This database will use Filecoin’s storage service, known as Lighthouse, to prepare and standardize info for machine studying and AI-training functions.
“Our objective is to aim to store data efficiently, transparently, and in a decentralized manner using Filecoin’s decentralized data storage network,” Nuklai said. “Everyone can contribute by sharing and contextualizing datasets.”
The price of Filecoin (FIL) is down 8% in the past week, according to The Defiant’s crypto price feeds.
Meanwhile, the market capitalization of AI tokens surged by 4.15% on Tuesday, hitting $24.5 billion. Leading AI tokens in this growth include Near Protocol (NEAR), Internet Computer (ICP), Render (RNDR), and SingularityNet (AGIX).
Goldman Sachs Remains Optimistic About AI
On June 25, Goldman Sachs published a research report expressing bullishness regarding the potential of generative AI.
“Generative AI will finally automate 25% of all work duties and lift US productiveness by 9% and GDP progress by 6.1% cumulatively over the subsequent decade.”
The report added that while automating many AI-exposed tasks is not cost-effective today, the long-term potential for cost savings and technological advancements should drive more AI adoption.
Associated: Filecoin Launches Ethereum-Suitable Sensible Contracts
