05/22/2024
BTC69,273.0
ETH3,758.69
USDT0.999815
BNB613.64
SOL177.8
USDC0.999673
XRP0.534723
DOGE0.167499
BUSD0.998433

SingularityNET (AGIX) Price

AGIX
4,0
$1.044
Market cap
1,339,626,104.0
Total volume
157,768,318
Circulating supply
1,283,425,719
Total supply
1,409,457,782
SingularityNET stands at the forefront of the decentralized artificial intelligence (AI) marketplace, bridging the ever-widening chasm between AI developers and businesses in dire need of tailored AI solutions. As the commercial potential of AI grows increasingly apparent, the disconnect between the creators of AI technologies and the enterprises seeking to deploy them becomes more pronounced. Many companies require bespoke AI functionalities far beyond the scope of a single project, while research endeavors often struggle to secure the expansive datasets necessary for crafting potent machine learning models. SingularityNET is designed to mend these fractures.

The ambitious roadmap set forth by the SingularityNET squad is to orchestrate a tapestry of intricate AI Agent interactions, drawing extensively upon resources from the OpenCog Foundation. Delving deeper into this vision, let us explore their proprietary humanoid robot, Sophia. Sophia operates through a synergistic array of AI Agents, utilizing everything from natural language understanding to kinetic control. When prompted to distill the contents of a video embedded on a website, Sophia delegates this task to Agent A. Equipped with its own AI, Agent A identifies Agent B's expertise in video analysis and transcription, and Agent C's knack for condensing text. Sophia compensates Agent A for orchestrating the workflow, while Agent A in turn compensates Agents B and C for their contributions. This process not only results in task completion but also enriches the collective intelligence of the system through shared network insights, experiences, and knowledge, accelerating the system's intellectual growth beyond the capacity of individual Agents.

SingularityNET's primary objective is to cultivate a decentralized fabric wherein AI creators and consumers can seamlessly cooperate, enabling not just the augmentation of individual projects by harnessing the capabilities of specialized AI systems, but also the evolution of SingularityNET into a self-sufficient AI ecosystem. This environment envisages nodes autonomously deciding on service connections and offering proactive resolutions to scholarly and commercial quandaries. By tokenizing this ecosystem, an AI marketplace emerges where developers and merchants can connect for the enhancement of AI solutions, alongside facilitating the purchase and sale of AI services and commodities. This not only generates revenue but also establishes market valuations where previously there were none.

Leading the charge at SingularityNET is a team of over 50 AI specialists and more than ten PhDs, with Dr. Ben Goertzel at the helm as CEO and Chief Scientist. Dr. Goertzel's roles extend beyond these titles as he also serves as the Chairman of the OpenCog Foundation and the Artificial General Intelligence Society, in addition to his position as Chief Scientist at Hanson Robotics, which collaborates closely with SingularityNET. Dr. David Hanson, the mind behind Hanson Robotics and the architect of Sophia—the most articulate humanoid robot thus far—is the Robotics Lead. Sophia, a key team member, embodies the collective aspirations of SingularityNET. Following the alpha release of their platform, the team anticipates rolling out a public beta in mid-2018.

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