Kite AI Teams up With GAIB for New-Gen AI Data Marketplace

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As a researcher who has been closely following the AI and blockchain industries for quite some time now, I find this partnership between Kite AI and GAIB incredibly exciting. It’s like witnessing the merger of two powerful forces that have the potential to revolutionize the way we think about data and computational resources in the AI ecosystem.

Kite AI, an organization specializing in decentralized artificial intelligence (AI) platforms, has teamed up with GAIB, the economic incentives foundation for AI initiatives. The collaboration intends to implement blockchain technology for secure data exchange and construct a financial system where participants can generate income by trading AI-related assets utilizing DeFi resources such as GPU-supported stablecoins and lending markets.

Kite AI, GAIB announced long-term tech collab

As per their shared announcement, Kite AI, an all-encompassing AI infrastructure provider, joins forces with GAIB, a groundbreaking economic foundation for AI computations. These two entities plan to collaborate on a unified marketplace offering top-tier datasets, models, and computing resources tailored for AI applications.

🎉 Announcing our collaboration with Kite AI (@GoKiteAI), a trailblazer in constructing the fundamental Layer 1 for Attributable Intelligence, bridging AI agents, models, and data. This partnership aims to create a transparent and interoperable environment.

— GAIB 🟠 | AiFi ✈️ DevCon (@gaib_ai) December 16, 2024

Through their recent partnership, Kite AI and GAIB aim to address challenges in GPU computing and vital data for artificial intelligence (AI) development, which are often monopolized by larger corporations, thereby limiting opportunities for smaller players and stifling technological advancement within the industry.

Through the Implementation of an Attributable Intelligence Layer, Kite AI aims to democratize access to premium quality data, models, and artificial intelligence entities for everyone.

Kony Kwong, GAIB’s Co-founder and CEO, underscores that the latest collaboration aims to simplify access to GPUs and computational tools for a multitude of AI start-up ventures.

In today’s age dominated by artificial intelligence (AI), computing power has become a valuable resource, and Graphics Processing Units (GPUs) serve as the key instruments exchanging this currency. By teaming up with Kite AI, we can break down obstacles, opening access to the marketplace for more individuals, thereby unveiling the financial prospects of the AI sector for everyone.

This partnership will further advance GAIB’s aim of generating tradeable, income-producing digital assets that are tied to real AI revenue streams. By doing so, it will make the resources essential for artificial intelligence development more accessible and profitable. The economic structure developed by GAIB, which transforms traditionally non-liquid AI resources into tokenized, tradable assets, is set to offer unparalleled financial prospects for data and AI contributors worldwide.

More instruments for fair and transparent data usage in AI

Chi Zhang, the co-founder and CEO of Kite AI, is equally confident that this collaborative effort will significantly boost diversity across the entire Web3 sector.

In our ideal AI world, many different people contribute to advancements rather than just a select few companies dominating the field. Collaborating with GAIB is essential for realizing this vision. We’re jointly constructing an AI ecosystem that is open, fair, and transparent – empowering everyone to participate in the growth of this technology.

Through this collaboration, we aim to propel the artificial intelligence sector into its following stage, making AI invention more democratic and providing financially balanced chances for global stakeholders. This way, the advantages and benefits of AI will be both widespread and fair.

In partnership, Kite AI and GAIB are constructing a framework that enables decentralized advancements in AI, empowering various industry players to unleash their full potential in this field.

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2024-12-16 18:45