12 crypto projects supporting AI development as mega-cloud giants like Amazon dominate the space, according to a research analyst
to train its models, according to a recent report by Messari's research analyst Sami Kassab.
This will likely push smaller firms and startups out of the AI race. It also means big technology firms that keep their models secret could monopolize the development of AI, and, in the process, stifle competition, collaboration, transparency, and any input from academia, according to the report. His recent report points to crypto projects that are developing decentralized machine learning compute networks. It's a fancy way of saying blockchains that can leverage hardware from all over the world to create a decentralized cloud-like network.
AWS is so big that you can't compete with it head-on. But you can crowdsource the cost of building a similar network, thereby reducing capital expenditure and lowering the barrier for entry into AI development, he noted.
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