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Cardano-Linked SingularityNet Announces AI Partnership With Fetch.AI: Details

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Fri, 15/12/2023 - 16:39
Cardano-Linked SingularityNet Announces AI Partnership With Fetch.AI: Details
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Cardano-linked AI protocol SingularityNET and leading AI protocol Fetch.AI have announced an exciting collaboration.

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"Exciting Collaboration Alert. We're teaming up with SingularityNET to tackle AI's biggest challenges," Fetch.AI said on its X page.

The groundbreaking partnership will focus on overcoming large language model "hallucinations" and enhancing multi-step reasoning using decentralized technology.

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Large language models (LLMs) tend to generate incorrect or irrelevant outputs, or "hallucinations," which this partnership would address.

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"Our strategic partnership with Fetch.AI promises a transformative impact on the development and deployment of AI and AGI within decentralized infrastructure frameworks," SingularityNet said on its X page.

FET, the native token of the Fetch.AI blockchain, surged in reaction to the collaboration news and was up 6.11% in the last 24 hours to $0.72. FET token has likewise gained 35.21% in the last seven days.

SingularityNET's AGIX token was reflecting price gains, up 3.12% in the last 24 hours to $0.346.

Fetch.AI to receive game-changing upgrade

In a tweet, decentralized AI protocol Fetch.AI shared with its community a network upgrade governance proposal that will be released in a few weeks.

As such, Fetch.AI lays out an expected timeline, indicating that the proposal is planned to go live on Jan. 8, 2024, at 12:00 p.m. UTC.

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Then, on Jan. 15, 2024, at 12:00 p.m. UTC, the upgrade will begin, and the network might have temporary downtime as a result of the upgrade.

The upcoming upgrade will introduce developer-focused enhancements and expanded hardware wallet support. Key new features, such as municipal inflation for MOBX and NOMX tokens, Cosmos-sdk app-DB pruning, Ledger Nano S-Plus support for enhanced security and macOS Ventura compatibility, will be introduced.

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