Token holders from SingularityNet, Fetch.ai and Ocean have endorsed a $7.5 billion artificial intelligence (AI) deal that would create a proposed Artificial Superior Intelligence Alliance (ASI).
Combination ASI and Token ASI
The ASI would be made up of SingularityNet, Fetch.ai and Ocean, and would be based on SingularityNet’s platform, which is based in Zug, Switzerland. The SingularityNet platform explores the use of AI in fields such as finance, robotics, biomedicine, media, art and entertainment.
The Fetch.AI (FET) token would become the ASI token with a range of 2.6 billion tokens. The SingularityNet (AGIX) and Ocean (OCEAN) tokens would be converted into ASI tokens at approximation rates of 0.43:1. ASI tokens would have a combined after-market value of $7.5 billion.
ASI objectives and product deployment
ASI’s mission is to create a large-scale, decentralized AI infrastructure, ensuring ethical and transparent practices. It is currently examining three distinct product lines: the deployment of AI agents in commercial environments, symbolic and language learning models (LLMs), and the use and sharing of AI data.
In the near future, ASI plans to generate revenue by launching the agent network for deployment. In the short term, it will focus on deploying numerous commercial products that bring AI applications to life.
Conclusion
Token holders from SingularityNet, Fetch.ai and Ocean have agreed to a $7.5 billion AI merger aimed at establishing an Artificial Superior Intelligence Alliance (ASI). This initiative aims to build a large-scale, decentralized AI infrastructure, while adhering to ethical and transparent practices. The ASI focuses on three main areas: the deployment of AI agents in commercial contexts, symbolic learning and language models (LLMs), and the use and sharing of data in artificial intelligence.
