From Forbes: 2024-03-31 09:58:16

DevDay event on November 06, 2023 in San Francisco, California. An alliance between SingularityNET, Fetch.ai, and Ocean Protocol formed the SuperIntelligence Alliance, merging tokens in the Web3/Crypto AI domain. Despite the combined $7 billion market value challenge to Web2 companies, collaboration is seen over competition. Web2 AI companies like Nvidia, Google, OpenAI, and Microsoft are battling with Web3 projects in developing Large Language Models. High-tech firms have significant financial resources to improve AI productivity that may be unattainable for Web3 companies. Web3 AI enterprises are reshaping AI production relationships by implementing blockchain and crypto technologies for transparency and decentralization. The differences between Web2 and Web3 AI companies may lie in the ability to change production processes rapidly due to the centralized structures and compliance constraints of Web2 companies in the U.S. Active Web3 AI projects are altering various aspects of the AI development process from data collection to marketplace with projects like RNDR, GRT, TAO, AGIX, AKT, FET, AIOZ, GLM, OORT, PAAL, OCEAN, CGPT, and CTXC.



Read more at Forbes: How Crypto AI Projects Set Themselves Apart From Web2 AI Giants