The Artificial Superintelligence Alliance (ASI), a collective formed by SingularityNET, Fetch.ai, and Ocean Protocol, announced the fourth member to join the group: distributed AI computing project CUDOS.
According to the press release, the inclusion is still subject to community vote. It’s pending approval by both communities. Voting will last from September 19 through September 24.
The move comes with multiple benefits. It promotes innovation and supports a more democratic and inclusive technological landscape, said the team.
Furthermore, it enhances ASI’s computing power and advanced AI tools. Therefore, it also promotes greater collaboration among developers, researchers, and enthusiasts.
The CUDOS coin will enter the Alliance’s ecosystem, which will strengthen its “mission to become the largest open-source, independent entity in AI research and development, accelerating the advancement of decentralized AGI and ASI.”
Humayun Sheikh, CEO of Fetch.ai and chairman of ASI, remarked the partnership is a vital step towards the Alliance’s mission of achieving Artificial General Intelligence (AGI) and Artificial Superintelligence (ASI) as a viable alternative to centralized solutions.
“Our aims with ASI Alliance are not especially modest,” added Ben Goertzel, CEO of SingularityNET and the Artificial Superintelligence Alliance.
“Alongside and synergizing with our immediate commercial goals, our medium-term roadmap is oriented toward rolling out the next landmark advance in the AI field – AGI systems with general intelligence at the human level, and then onward toward actual ASI systems, superintelligences.”
The integration of CUDOS allows the Alliance to progress in computing hardware infrastructure, “one of the critical ingredients we need to fulfill our mission,” Goertzel said.
Two Coins Merge
As part of this integration, the CUDOS token (CUDOS) would be merged into the Artificial Superintelligence Alliance token (FET).
Therefore, the networks would be unified under a single ecosystem, said the announcement.
If the token merger is approved, a subsequent governance proposal will be posted on the CUDOS platform to begin the token merge process.
It will also incentivize CUDOS holders to convert the token into FET.
“The CUDOS Blockchain will continue to operate until further notice, allowing ample time for all participants to transition and swap their tokens,” said the teams.
The conversion rate is CUDOS 112.427:1 FET.
As a non-founding member of the Alliance, CUDOS agreed that all token merge transactions be vested between 3-10 months. Also, they will include a 5% transaction fee.
The ASI Alliance will use the fee for marketing, research and development, integration, legal fees, and other costs associated with the token merger.
Matt Hawkins, founder of CUDOS, commented that the partnership is not just about combining resources.
It’s about building the largest vertically integrated decentralized AI technology stack, creating a seamless ecosystem where AI and blockchain technology can flourish, and pushing the boundaries of decentralized AI capabilities, Hawkins said.
Meanwhile, just days ago, the Alliance deployed the FET native token on the Cardano blockchain.
Boosting Computer Power
Humayun Sheikh remarked that the novel collaboration would unlock “unprecedented computing power and innovation potential.”
This, he said, will allow the alliance to build robust revenue models and capitalize on their equipment.
According to the press release, integrating CUDOS’ global distributed computing network will give the Alliance access to thousands of the latest AI GPUs.
As noted above, this is a massive step. It would significantly boost the Alliance’s computing power for decentralized AI innovations.
“This integration enhances scalable computing across the Alliance, decentralizing the infrastructure to increase efficiency and reduce bottlenecks, security vulnerabilities, and other risks,” the announcement remarked.
The cloud model provided by CUDOS has notable advantages over traditional centralized approaches.
These include enhanced scalability, cost-efficiency, and flexibility.
Its solutions do not rely on a single provider but boast a global network of independent suppliers.
Therefore, CUDOS enables access to premium AI infrastructure (e.g. NVIDIA H100 GPUs) at approximately 50% of the cost of Amazon AWS.
This effectively amplifies the impact of Fetch.ai and SingularityNET’s $153 million hardware investment, the teams said.
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