On February 26, Zuvu AI and Vana declared a partnership to enhance decentralized AI on Bittensor. Their objective? To establish a more accessible and economically sound AI environment. TruBit Collaborates with Morpho to Introduce DeFi Unearned Revenue in Latin America
Envision it as a trial run for a novel approach to AI creation – transparent, cooperative, and financially viable. Vana, which recently received approval from Binance’s founder Changpeng Zhao, is contributing its user-controlled data infrastructure. Zuvu AI, previously known as SocialTensor, is leveraging its expertise in expanding four Bittensor (TAO) subnets.
Zuvu is focused on supporting the financial aspects of AI, enabling investments, staking, trading, and the generation of revenue from models, agents, and data. This generates new possibilities in a market projected to reach trillions of dollars by 2032.
This alliance is a strategic maneuver to integrate with Bittensor, utilizing its incentive-based network to advance AI development. By merging user-owned data with open computing and financial incentives, it’s akin to applying the decentralized finance model to the AI domain.
Art Abal, Managing Director at Vana Foundation, emphasizes that this collaboration unites Vana’s data layer, Zuvu’s financial layer, and Bittensor’s subnet network. This will enhance Vana’s DataDAO ecosystem and address significant obstacles in AI development. According to Abal and Daniel Raissar, COO of Zuvu AI, this partnership is anticipated to diversify Bittensor’s subnets, foster the expansion of Vana’s DataDAO, and establish Zuvu as a frontrunner in AI finance, potentially revolutionizing industry standards.
This joint effort leverages the increasing trend of freely accessible AI, akin to how Bittensor has increased to 45 working subnets. The whole point revolves around responding to the need for substitutes for the large, unified AI actors. Toncoin (TON) Value Forecast for March 26th