The blockchain technology networks Fetch.ai, SingularityNET, and Ocean Protocol, recently merged their projects to create a decentralized form of artificial intelligence (AI). According to a statement by Fetch.ai, this collaboration aims to democratize access to AI technologies while ensuring their benefits are distributed equitably.

Embracing Decentralization in AI

Named Superintelligence Alliance, the partnership is driven by a shared vision of harnessing the potential of AI potential for the benefit of humanity. Fetch.ai, SingularityNET, and Ocean Protocol plan to merge their tokens into a single currency dubbed Artificial Superintelligence (ASI). The trio has highlighted the need for decentralized control to prevent AI from being monopolized by a few entities.

We are excited to announce a multi-billion token merger with @Fetch_ai and @oceanprotocol to create the Artificial Superintelligence Alliance, the largest open-sourced, decentralized network, and accelerate the race to AGI. Learn more: https://t.co/zT8Q1HbkEv pic.twitter.com/2U3VbeFfW5

— SingularityNET (@SingularityNET) March 27, 2024

This universal AI token aims to streamline transactions within the alliance's ecosystem and facilitate collaboration among developers, researchers, and users. With a combined value of $7.5 billion, the alliance positions itself as a formidable player in the AI industry.

By merging their resources and expertise, Fetch.ai, SingularityNET, and Ocean Protocol seek to create a decentralized ecosystem where AI development is open, transparent, and inclusive. Dr. Ben Goertzel, known as the "Father of AGI," leads SingularityNET, while Humayun Sheikh and Trent McConaghy spearhead Fetch.ai and Ocean Protocol, respectively.

Artificial Superintelligence

To ensure effective governance, the alliance will establish a governing council comprising leaders from Fetch.ai, SingularityNET, and Ocean Protocol. Community input will be solicited, with governance proposals subject to approval by the majority.

If successful, the token merge will proceed, signaling a new era of collaboration and innovation in decentralized AI. With a focus on inclusivity and shared values, the Superintelligence Alliance is poised to lead the charge toward a more equitable and accessible AI landscape.