SingularityNET, Filecoin Partner to Create New AI-Powered DePIN.

IconCryptoNewsTerminal Staff10 Jul, 2024

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SingularityNET, Filecoin Partner to Create New AI-Powered DePIN.

SingularityNET (AGIX) and the Filecoin (FIL) Foundation recently announced a partnership to combine AI with a decentralized physical infrastructure network (DePIN), according to Cointelegraph. This collaboration aims to enhance data storage, retrieval, and accessibility by leveraging the capabilities of both technologies. SingularityNET is a blockchain-based platform that provides access to AI algorithms and services. By integrating with DePIN, SingularityNET aims to enable AI-powered data management and analytics within the decentralized network. The Filecoin Foundation is responsible for developing and promoting the Filecoin protocol, a decentralized file storage network. DePIN is an extension of Filecoin that provides a physical infrastructure layer for data storage, ensuring data availability, reliability, and durability.

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