šŸš€ Near Protocolā€™s Bold Move: Building the Largest Open-Source AI Model at 1.4 Trillion Parameters

Near Protocol has announced its groundbreaking plan to create the worldā€™s largest open-source artificial intelligence model during the opening day of its Redacted conference in Bangkok, Thailand. This ambitious project aims to build a 1.4 trillion parameter model, surpassing Metaā€™s Llama by 3.5 times, positioning Near Protocol at the forefront of the open-source AI landscape.

šŸ¤ Collaborative Approach to Innovation

The development of this colossal AI model will be fueled by competitive, crowdsourced research through Near Protocolā€™s new AI Research hub. Starting today, Nov. 10, contributors can begin working on training a smaller 500 million parameter model, marking the first step in a multi-phase project.

šŸ“ˆ A Progressive Pathway: Seven Model Stages

The project is structured to evolve through seven increasingly complex models, with only the top-performing contributors advancing to work on the larger, more sophisticated versions. This tiered approach not only ensures the quality and competitiveness of the work but also scales the AIā€™s capabilities progressively.

šŸ’” Monetization and Privacy at the Core

In an innovative twist, Near Protocol plans to monetize these AI models while preserving user privacy. This will be achieved using encrypted Trusted Execution Environments (TEEs), which will protect data and reward contributors for their efforts. This strategy not only incentivizes continuous contributions but also ensures that updates are seamlessly integrated as technology evolves.

šŸŒŸ Why This Matters

This initiative is a testament to Near Protocolā€™s commitment to pushing the boundaries of whatā€™s possible in open-source AI. By creating a model that dwarfs current industry standards, Near Protocol aims to lead the charge in developing robust AI systems while fostering community-driven innovation and collaboration.

Stay tuned for more updates.

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