Dubai, United Arab Emirates, December 17th, 2024 – ChainGPT, a leading provider of blockchain-based AI solutions, has announced the launch of its revolutionary AIVM (AI Virtual Machine) framework. This groundbreaking system, set to debut in 2025, is specifically designed for the Web3 ecosystem and will introduce autonomous AI agents that will transform blockchain operations through fully decentralized systems. The AIVM blockchain is a first-of-its-kind platform that addresses the long-standing need for truly autonomous AI solutions in the blockchain industry.
ChainGPT’s AIVM framework offers a scalable system that operates entirely on-chain, setting a new standard for AI agent functionality in the Web3 space. At its core, AIVM boasts a flexible infrastructure that empowers developers to create custom AI agents for any Web3 application imaginable. This comprehensive framework provides seamless interaction with Web2 platforms, direct smart contract integration, multi-blockchain compatibility, and extensive access to data sources and decentralized applications, offering unparalleled development freedom in the Web3 space.
One of the key challenges in AI computing is limited access to GPU resources and complex model training processes. AIVM tackles these issues by democratizing access to GPU resources and simplifying AI model training. The platform also introduces efficient mechanisms for decentralizing AI models and creating incentives for data providers, reducing operational costs for AI companies and fostering stronger connections between enterprises and users who contribute to AI model development.
ChainGPT’s Founder and CEO, Ilan Rakhmanov, stated, “As an AI company ourselves, we have experienced the frustration of limited GPU access firsthand, with our own solidity language model facing year-long delays due to computing power constraints. Traditional providers required substantial upfront commitments or lengthy approval processes, creating significant barriers for AI innovation. AIVM solves this by directly connecting data centers and cloud providers with AI companies through a decentralized marketplace.”
The AIVM framework comprises six core components that form a complete Web3 AI ecosystem: a GPU marketplace for distributed computing power, customizable AI agents for autonomous operations, advanced smart contract capabilities, an AI data marketplace for secure data exchange, decentralized inference systems, and streamlined AI model training facilities. Some of the key features of the AIVM framework include real-time security monitoring with automated threat detection and response, advanced smart contract analysis with proactive vulnerability identification, autonomous DeFi portfolio management and yield optimization, cross-DEX arbitrage detection and execution, and automated DAO governance participation.
The AIVM framework will introduce a cutting-edge pay-as-you-go model, where data centers and cloud providers can offer their available computing power to the network in exchange for paymentThis innovative approach will further enhance the efficiency and accessibility of AI computing for companies and individuals alike.
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