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Qtum Foundation Unveils 10,000 Nvidia GPUs for AI Web3 Revolution

source-logo  cryptonews.net 19 April 2024 11:13, UTC

The Qtum Foundation recently announced the deployment of 10,000 GPUs to support its new blockchain AI ecosystem. This strategic move marks a significant transition for Qtum, shifting its focus from cryptocurrency mining to AI operations. Miguel PALENCIA, Qtum’s Chief Operating Officer and Co-Founder, in discussing Qtum’s vision for AI and blockchain integration, underscores the transformative potential of AI, drawing parallels with past disruptive technologies such as the internet and cryptocurrency. However, he also acknowledges the ethical considerations surrounding AI development and the importance of adopting open-source and decentralized approaches to mitigate risks.

Qtum Quantum AI initiatives are poised to revolutionize AI development. At the forefront of these initiatives is Qtum Solstice, a conversational chatbot similar to ChatGPT running on open source models. Leveraging Qtum’s proof-of-stake system, the network boasts impressive transaction processing capabilities with the potential for scalability through Layer 1 and Layer 2 solutions.

The Qtum AI roadmap includes a multi-phase deployment plan. The first phase focuses on the deployment of chatbots and image creation, paving the way for subsequent phases that will focus on modeling and layers of the decentralized economy. Qtum’s commitment to community collaboration and commitment to open source principles is evident in its plans to offer up to 10 additional AI-related products.

Image: CryptoRank