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SingularityNET Goes Beta With Blockchain-Powered AI Marketplace

by Ciarán Daly
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AMSTERDAM - SingularityNET, a blockchain-powered decentralised marketplace for creating, sharing, and monetizing AI tools, today announces the launch of its beta version on the Ethereum blockchain following two stress testing sessions by volunteers.

The launch aims to demonstrate the early benefits of a functional AI marketplace where anybody can access and purchase AI algorithms that have historically only been available to Silicon Valley tech companies. So far, these algorithms include gene-annotation services and an AI toolset for genomic underpinning, image and emotion recognition services, object detection, and speech-recognition.

"The SingularityNET vision is a big one, fulfilling it will take considerable time and effort as we reach our goals," said Ben Goertzel, CEO and Chief Scientist of SingularityNET. "Further features will be added, but the February beta release is already deploying a wide variety of social and commercial value research AI agents."

"As the AI economy matures and expands, the demand for a democratic and decentralized AI infrastructure is becoming increasingly clear, as is the need within businesses across the spectrum for AI tools with a greater variety of generalization capabilities."

Following a number of partnerships with leading technology companies, AI startups, and governments since SingularityNET's 2017 ICO, the decentralized marketplace is now set to grow into a full-stack AI solution.

Image: SingularityNET

Read our feature interview with SingularityNET CEO Ben Goertzel here

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