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What are the Specialties of Internet Computer ($ICP) Makes it Big Name in AI?

(28 May 2024)

The Internet Computer, a innovative blockchain project developed by the DFINITY Foundation, is making significant strides in the field of Artificial Intelligence (AI). Its unique capability to run AI models as smart contracts sets it apart as a major player in the AI field.

AI on the Internet Computer

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Source: ICP AI

The Internet Computer is the only blockchain network capable of running AI models, such as Large Language Models (LLMs), as smart contracts. This capability ensures that these models are secure and unstoppable. AI is set to be at the heart of web3 on the Internet Computer.

Decentralized AI

Unlike other blockchains that rely on centralized cloud providers like AWS for AI plug-ins, the Internet Computer supports true Decentralized AI (DeAI). This means AI models built on the Internet Computer are fully decentralized and run entirely on the blockchain, functioning as an autonomous cloud.

AI Models as Smart Contracts

The Internet Computer is working towards enabling AI models to run as smart contracts. This innovative approach allows for seamless interaction with AI smart contracts using natural language. However, it’s important to note that this is a future-oriented feature and not fully implemented yet.

Video Credits: DFINITY

Scalability and Efficiency

The Internet Computer is designed to be highly scalable and efficient, making it ideal for running resource-intensive AI models. However, the specific details about update calls and query calls are not mentioned in the provided sources.

Key Features

  1. AI as Smart Contracts: The Internet Computer is working towards enabling AI models, such as Large Language Models (LLMs), to run as secure and unstoppable smart contracts. This allows for natural language interactions, identity verification, and the trading of AI models as NFTs.
  2. Decentralized AI (DeAI): The Internet Computer supports fully decentralized AI, running AI models without reliance on centralized cloud providers, functioning as an autonomous cloud on the blockchain.
  3. Scalability: The Internet Computer is designed to be scalable, making it ideal for running resource-intensive AI models.
  4. Trust and Transparency: AI models on the Internet Computer benefit from trustless execution, ensuring verifiable and secure results, thus providing reliable outputs.
  5. Support for AI Hardware: The Internet Computer is planning to support AI hardware like GPUs in the future, enhancing their computational capabilities. However, this is a future-oriented feature and is currently under development.
  6. Community Support: The DFINITY Foundation has launched a $5 million grant to support decentralized AI (DeAI) projects on the Internet Computer, fostering innovation and development in this space.

In conclusion, the Internet Computer’s ability to run AI models as smart contracts, support for decentralized AI, scalability, and robust community backing make it a significant player in the intersection of AI and blockchain technology. These unique features position the Internet Computer as a game-changer in the AI field.

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