How can the CUDOS infrastructure help AI projects?
We have recently witnessed lunacy in the field of artificial intelligence. It all started with the debut of ChatGPT, which acquired one million users in just five days. Following that, various AI projects rose to prominence, including MidJourney, Dall-e, Synthesia, and many others. The AI movement has now spread to the cryptocurrency sector, with token values for AI-related businesses skyrocketing. However, in this post, we will discuss AI and cloud computing, as well as why AI need projects like CUDOS to provide the framework.
How does AI work?
AI requires a big number of data to process in order to learn about patterns and answer questions or execute the work at hand; AI requires computational resources to handle this large amount of data. According to some studies, ChatGPT utilises $3 million in processing resources every day, and that figure will grow as the user base grows.
The problem ?
Currently, all AI projects rely on cloud computing resources from centralised servers, which could be a matter of life and death if these organizations began exploring such large datasets. They could even replicate the AI model if they knew what kind of data was being processed. Given that none of these cloud computing powerhouses provide their services at a low cost, there is no guarantee of data safety with such exorbitant fees.
Cudos is building a decentralised cloud infrastructure for everyone, which will benefit AI projects significantly. AI projects won’t have to worry about data security because the computing solution is built on decentralised blockchain infrastructure, which prioritises data privacy. Cudos is also developing a marketplace where individuals from all over the world can sell their unused computing power to buyers of computing resources. This concept will democratise the price of computing resources, allowing projects to purchase computing resources at lower costs than large corporations.
Cudos is ready to provide infrastructure to projects, and if they choose Cudos, they can benefit from the massive Cudos ecosystem and apply for Cudos funds to launch their enterprise on Cudos.
Cudos is powering the metaverse bringing together DeFi, NFTs and gaming experiences to realise the vision of a decentralised Web3, enabling all users to benefit from the growth of the network. We’re an interoperable, open platform launchpad that will provide the infrastructure required to meet the 1000x higher computing needs for the creation of fully immersive, gamified digital realities. Cudos is a Layer 1 blockchain and Layer 2 community-governed compute network, designed to ensure decentralised, permissionless access to high-performance computing at scale. Our native utility token CUDOS is the lifeblood of our network and offers an attractive annual yield and liquidity for stakers and holders.
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