In a letter from Digital Currency Group shareholders, CEO Barry Silbert talks about deAI (Decentralized AI): the cryptocurrency industry's efforts to merge artificial intelligence innovation with blockchain technology. He believes that this technological convergence of deAI could lead to better returns for humanity than closed systems developed by OpenAI and other giants.
DCG is understood to have invested $105 million in more than a dozen deAI projects, and Barry Silbert says the opportunity for deAI is greater than one bitcoin. "As we move from digital ownership of assets to intelligent decentralized ownership and the availability of vast amounts of decentralized computing resources, deAI could herald a revolution in power, not money, with cryptocurrencies as a mechanism for distributing ownership and governance of powerful AI models," he says in the letter.
DCG CEO: Company has invested $105 million in more than a dozen deAI projects
2025-02-07 21:00:54
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