The latest news from the AI world talks about the web3 company DecideAI and the implementation of the GPT-2 LLM language within the Internet Computer (ICP) chain.
This feature, which also leverages the native token DCD, is aimed at extending the potential of AI models to other blockchains such as Ethereum and Solana.
Thanks to Internet Computer technology and the ability to support complex calculations, DecideAi is implementing a true revolution in the artificial intelligence sector, eliminating centralized and non-transparent practices.
Let’s see everything in detail below.
Summary
DecideAI launches GPT-2 LLM on the Internet Computer (ICP) chain
DecideAI, società web3 impegnata nella creazione di modelli AI, ha annunciato una partnership con Internet Computer (ICP) per portare nella catena il linguaggio GPT-2 LLM.
The on-chain implementation of a large language model marks a milestone in the convergence of blockchain technologies and artificial intelligence.
The quantum computing capabilities of Internet Computer allow for the support of complex applications with a lot of data to extrapolate, making the platform perfect for the inclusion of the language model of OpenAI.
The move of the DecideAI project was made possible thanks to a series of technical solutions, functionalities, and unique optimizations of ICP, which also leverages the native token DCD.
In particular, the key features include a virtual machine that uses WebAssembly, which allows for near-native CPU performance for AI deployment.
This type of web standard, thanks to the support of floating-point numbers and deterministic SIMD, opens the doors to parallel computing on blockchain
As the first phase of the implementation, DecideAi aims to revolutionize the way AI is trained, maintained, and distributed, eliminating centralized and non-transparent practices.
This development paves the way for a new era of interoperable, transparent, and secure artificial intelligence systems across multiple blockchain ecosystems.
Regarding the news, Raheel Govindji, founder of the DecideAI project, praised Internet Computer for its distinctive and ideal features for AI support:
“Today, Internet Computer is the only blockchain capable of running a large LLM entirely on-chain, providing sufficient memory and computing power necessary to support a 100% decentralized AI”
The tip of the iceberg of a deeper development of AI models in the blockchain sector
The launch of GPT-2 LLM on Internet Computer (ICP) allows for deeper exploration of the connections between AI technology and the web3 world.
In fact, the implementation of the large language model on-chain introduces several advantages such as greater interoperability, transparency, and cryptographic security.
In particular, one of the most tangible objectives of this partnership is to bring AI models of considerable volume within Ethereum and Solana.
This passage is feasible thanks to the peculiarities of the “Chain Fusion” communication of Internet Computer, which connects two or more incompatible chains between
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This first integration of GPT-2 LLM models actually represents a springboard towards more sophisticated and complex AI machines.
The future applications of DecideAI technology could vary greatly, ranging from healthcare assistance, to government services, and even public services
In any case, the artificial intelligence models offer their support in the calculation and processing of data, providing quick and reliable solutions.
For example, in the financial sector, these models simplify risk assessment and fraud detection, improving business performance.
In the long term DecideAI, leveraging native AI optimization of ICP, aims to bring increasingly comprehensive models on-chain, perfecting the field of decentralized training and incorporating human feedback (RLHF)
We remind you that the project offers innovative products that improve the decentralized AI ecosystem. Among the most well-known, we find Decide ID, an AI-based personality proof, and Decide Cortex, an LLM marketplace based on blockchain.
On the potential and future trends of this innovation, Lomesh Dutta, Vice President of growth at Internet Computer, reported the following in an interview:
“As we continue to push the boundaries of what is possible with AI on the chain, we are excited to see how developers and businesses will leverage this technology to create innovative solutions previously unimaginable in the blockchain space.”
Price analysis of Internet Computer (ICP) and DecideAi (DCD) tokens
After introducing the technical implementation of DecideAi of the AI GPT-2 LLM models on the Internet Computer blockchain, let’s now take a look at the DCD and ICP tokens.
These two coins represent the reference cryptographic resources of the respective projects, with governance and incentive functions for participation in the network.
Both record a positive performance in the market over the last 24 hours, driven by this news that has strong potential for the future of AI.
IPC grows by 6.22% while DCD records a big surge of 22.19%, while the rest of the market still lives in uncertainty awaiting the next moves of BTC.
Looking more closely we see how the ICP token of Internet Computer is still in a descending channel, with prices dropping significantly since March.
The crypto is below the 50-period exponential moving average on the daily time frame, highlighting a situation of graphical weakness.
After the dump of the first days of August, ICP attempted a timid recovery that was however rejected by the bears. Now we await the break of 12 dollars before considering a bullish scenario for the quotations
As for DCD, recently emerged from the rebranding of Modclub (MOD) with the name DecideAI, the situation appears different.
Despite the limited history and the scarce presence of the currency on established crypto exchanges, we can infer the bullish strength of the latest movement.
DCD unlike ICP has recovered by far the lost ground during the recent market dump, marking new monthly highs.
Now the crypto, given its low capitalization at 8.8 million dollars, may experience a phase of strong growth, until it finds a fair price zone.
Despite the situation being clearly in the hands of the bull, it should be remembered that such small and illiquid coins can hold unpredictability around the corner.
Next target for the currency, the price zone around 0.02 dollars.