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ChainOpera Emerges from Stealth to Launch its Decentralized AI Platform and Generative AI Application Ecosystem

L4 Staff ~ 10/9/2024
With its launch , ChainOpera and its team are bringing their technology to the world of decentralized AI with a vision to empower the community to build open , collaborative , and trustworthy AI . PALO ALTO , Calif. , Sept. 18 , 2024 /PRNewswire/ -- ChainOpera AI , the

With its launch, ChainOpera and its team are bringing their technology to the world of decentralized AI with a vision to empower the community to build open, collaborative, and trustworthy AI.

PALO ALTO, Calif., Sept. 18, 2024 /PRNewswire/ -- ChainOpera AI, the innovator in community-driven, decentralized AI, is stepping out of stealth to launch its decentralized AI platform and generative AI application ecosystem. Their mission is to build a simple, scalable, and trustworthy collaborative AI economy by connecting the demand for AI solutions with the massive supply of decentralized computing, high-quality data resources, and the contributions of AI developers and collaborators—paving the way for a truly open and decentralized AI future.

Despite its immense potential, decentralized AI has faced significant challenges in gaining traction, primarily due to a key bottleneck: the gap between the surging demand for AI from developers and users, and the availability of decentralized resources like computing, data, and contributors. While many recent web3 AI initiatives have focused on building large-scale decentralized infrastructure, this approach alone hasn’t been enough to gain real traction. AI developers typically interact with large foundation models via APIs and enterprise platforms, but until now, there hasn’t been a platform that fully supports decentralized AI from the ground up.

Salman Avestimehr, Co-founder and CEO of ChainOpera and Dean’s Professor of ECE and CS at USC, shared, “ChainOpera changes the game by unveiling an AI platform built specifically for collaborative AI on decentralized cloud infrastructure. Think of it as the decentralized equivalent of AWS Bedrock. ChainOpera empowers developers to build, train, and deploy top-tier AI models collaboratively by using decentralized resources, bridging the gap between AI innovation and the web3 ecosystem.”

In addition to its platform, ChainOpera is launching its decentralized AI app ecosystem, featuring powerful generative AI applications that operate on decentralized cloud infrastructure. From AI-powered assistants to image and video generation tools, these applications showcase the diverse capabilities of AI in a decentralized environment.  Much more importantly, this opens up an "AI App Ecosystem" for developers to build and launch generative AI applications that leverage community-driven models and resources, providing more personalized, open, and affordable AI services. Users can also actively participate in these apps, monetizing their contributions by providing data or human feedback, further enhancing the collaborative and decentralized nature of the ecosystem.

While ChainOpera may be new, its founders, Prof. Salman Avestimehr and Dr. Aiden He, are veterans in the decentralized AI space. They began building FedML in 2020—a leading open-source framework for federated and decentralized machine learning, now used by thousands of developers and researchers globally, even surpassing Google’s TensorFlow Federated in popularity on GitHub.

In 2022, they co-founded TensorOpera to provide enterprise-grade generative AI services using decentralized technology. Through partnerships, such as with Qualcomm, TensorOpera has enabled businesses to deploy generative AI on multi-cloud, private cloud, and hybrid infrastructures, including Qualcomm’s AI100 Cloud.

Recently, the team introduced Fox-1, a cutting-edge open-source small language model (SLM) with 1.6 billion parameters. Trained in part on Aethir’s decentralized GPU infrastructure, Fox-1 competes with other small language models from industry leaders like Apple, Google, and Alibaba, highlighting the potential of decentralized large-scale model training. In addition to their compatibility with decentralized clouds, small language models like Fox-1 are set to power a new generation of hybrid mobile/cloud generative AI applications. These applications will provide personalized experiences through on-device models, while seamlessly tapping into more powerful cloud-based models for complex tasks.

The ChainOpera platform is open to developers to begin creating next-generation AI applications, and the AI App ecosystem already includes apps for chat-based AI agents and image and video generation.

To learn more about the ChainOpera AI Platform and its AI App Ecosystem, visit the website: https://chainopera.ai/

About ChainOperaChainOpera unites the worlds of AI and Web3 through a decentralized AI platform and a community-driven generative AI application ecosystem. With a focus on empowering both AI developers and end users, ChainOpera is building a simple, scalable, and trustworthy collaborative AI economy. By seamlessly linking the demand for AI solutions with decentralized computing power, high-quality data resources, and the expertise of AI developers and collaborators, ChainOpera is shaping the future of AI—one that prioritizes personalization, trustworthiness, and decentralization.

SOURCE Melrose PR

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270k+JournalistsOpted In Originally published at https://www.prnewswire.com/news-releases/chainopera-emerges-from-stealth-to-launch-the-worlds-first-decentralized-ai-platform-and-generative-ai-application-ecosystem-302250967.html Images courtesy of https://pixabay.com

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