HomeAIRevolution in the crypto-AI sector: the collaboration between Fetch.ai and SingularityNET

Revolution in the crypto-AI sector: the collaboration between Fetch.ai and SingularityNET

In an era where Artificial Intelligence (AI) and crypto are becoming increasingly crucial for technological development, Fetch.ai and SingularityNET have announced a revolutionary collaboration.

This strategic partnership aims to address the crucial challenges of the industry, focusing on the tendency of large language models (LLMs) to generate “hallucinations” and the limited capacity for multi-step reasoning.

AI Crypto: a powerful collaboration between Fetch.ai and SingularityNET

The challenge of hallucination in LLMs has pushed Fetch.ai and SingularityNET to join forces, combining expertise in AI and crypto technologies. This innovative approach aims to solve the problem of hallucination, improving the accuracy and reliability of AI and crypto applications.

Reasoning Process in AI: Fetch.ai and SingularityNET in action

In addition to hallucination, the collaboration is committed to overcoming the difficulty of LLMs in accurate multi-step reasoning, with a particular focus on the application of AI crypto technologies. Currently, LLMs have lower performance than human capabilities in complex reasoning, limiting their use in critical applications. 

Fetch.ai and SingularityNET intend to create AI models with superior reliability and reasoning capabilities, bringing innovations in the field of crypto AI technologies.

The Technical Approach: A Neural-Symbolic Approach in AI Contexts 

The technical core of the collaboration is based on the use of a decentralized infrastructure that connects LLMs to degrees of knowledge and logical reasoning engines, with a specific emphasis on AI crypto applications. The use of these platforms combines LLMs with degrees of knowledge and symbolic inference engines, offering a “neural-symbolic” approach to overcome the challenges encountered by current AI models based on LLMs, especially in the context of AI crypto technologies.

Impact and Potential: Revolution in AI and Crypto with Fetch.ai and SingularityNET

The collaboration between Fetch.ai and SingularityNET aims not only to overcome technical challenges, but also to create a significant impact in the world of AI and crypto. 

Web2 and Web3 developers will have access to new tools for building more reliable LLM models, allowing the development of powerful and hallucination-free applications in the context of AI crypto technologies.

Humayun Sheikh, founder and CEO of Fetch.ai, stated:

“This partnership marks a crucial moment in the evolution of AI and cryptocurrencies. By joining forces with SingularityNET, we enable developers to build the next generation of intelligent and hallucination-free AI and crypto applications, paving the way for a future where society can benefit from the productivity gains achieved through AI and cryptocurrency-powered applications.”

Ben Goertzel, founder and CEO of SingularityNET, has added:

“Hallucination and limited reasoning ability have been the main obstacles to the adoption of LLM, especially in the context of AI crypto technologies.”

By combining our neural-symbolic LLMs based on the use of knowledge graphs and inference engines with Fetch.ai’s agent technology, we are providing a powerful set of tools to overcome this challenge and unlock even more of what AI and cryptocurrencies have to offer.

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