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SingularityNET (AGIX), a Leading Decentralized AI Platform, Allocates $53M Towards AI Infrastructure to Boost AGI Progress


Leading Decentralized AI Platform

July 23, 2024


SingularityNET, a developer of artificial intelligence platforms, has announced an investment of $53 million in a modular supercomputer specifically designed for decentralized artificial general intelligence (AGI).


As per an announcement made on July 23, the first phase of the investment will allocate $26.5 million to the supercomputer. This includes the integration of modular data center solutions from Ecoblox, graphics processing units (GPUs) and processors from companies like Nvidia, AMD, and Tenstorrent, as well as AI servers from Asus and Gigabyte.


A modular supercomputer is a high-performance computing system with a flexible and scalable architecture that can be easily expanded and upgraded by adding or replacing modules. This means developers can increase power as needed without having to replace the entire system. SingularityNET states that this modular supercomputer will be the first in the world dedicated to research in decentralized AGI and artificial superintelligence.


The supercomputer of SingularityNET will be used to optimize the training of deep neural networks (DNNs), large language models (LLMs) — including multimodal variations — and hybrid neural-symbolic computing architectures, such as OpenCog Hyperon.


Recent hardware acquisitions for the platform include a modular data center equipped with Nvidia L40S GPUs, AMD Instinct and Genoa, Tenstorrent Wormhole server racks, and servers featuring H200. The  infrastructure will facilitate a significant shift towards continuous learning and self-improvement in AGI in high-load scenarios involving large-scale knowledge distillation, pattern matching, and multi-step machine reasoning.


About SingularityNET

SingularityNET is a decentralized artificial intelligence (AI) marketplace that leverages the power of blockchain technology to provide unrestricted access to algorithms and applications. Its main goal is to create artificial general intelligence (AGI) with far-reaching capabilities. The platform was co-founded by Dr. Ben Goertzel and Dr. David Hanson in 2017. Hanson is also the founder and CEO of Hanson Robotics, known for developing ‘Sophia’ – a humanoid robot that introduced the world to the power of AI.


SingularityNET is hosted on the Ethereum and Cardano blockchains, allowing developers to publish their creations for use by anyone, including individuals or commercial enterprises. The native token of SingularityNET is AGIX, which is used to pay for transactions within the platform.


The platform offers over 70 useful AI services, created by developers worldwide. These services include multilingual speech translators, real-time voice cloning, speech command recognition, neural image generation, and more. SingularityNET’s user-friendly interface makes these services accessible to everyone, regardless of their knowledge of the space.

 

 

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