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ICP claims it’s achieved a first by hosting ‘fully onchain’ AI model

An AI company deployed OpenAI’s GPT-2 on the ICP blockchain aiming to test new ways to train, maintain and deploy AI models. 

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Artificial intelligence firm DecideAI has claimed it has been able to completely place an older AI model onto the Internet Computer (ICP) blockchain, marking what it says is the first time the model has been launched onchain.

In an Aug. 28 statement to Cointelegraph, DecideAI said it launched OpenAI’s GPT-2 on the blockchain. The model was released in 2019 and is the second of the OpenAI’s GPT models.

DecideAI founder and CEO Raheel Govindji said the goal was to test new methods of how AI is trained, maintained, and deployed for AI applications across various industries.

The firm said putting the model onchain was “a crucial stepping stone toward more sophisticated onchain AI models” and speculated future models could assist in areas like healthcare, analyzing patient data, and recommending treatments. 

Govindji added a decentralized AI could help address inherent trust problems and privacy concerns with the technology.

DecideAI said the finance and education sectors could use these AI models to boost fraud detection and help with training data and model updates verifiable onchain.

AI is already being used in the DeFi space to help with fraud detection, identity verification and combating money laundering. Crypto exchange Binance has also started leveraging AI to combat scams.

Related: David v. Goliath: Small language models challenge Big Tech’s AI giants

An April survey by software firm Salesforce found half of 6,000 surveyed global knowledge workers said they don’t trust the data used to train today’s AI systems.’

Nearly 70% of those who don’t trust AI training data said they were hesitant to adopt the technology. A 2023 Salesforce and Roy Morgan survey garnered similar results about a lack of trust around AI use. 

More than half of survey respondents didn’t trust AI and would be hesitant to adopt it. Source: Salesforce 

According to DecideAI, more sophisticated onchain AI models are being looked at, with the goal of extending to the Ethereum and Solana blockchains in the future.

Lomesh Dutta, DecideAI vice president of growth, said eventually the firm hopes to develop interoperable AI systems across multiple blockchain ecosystems.

“We’re excited to see how developers and enterprises will leverage this technology to create innovative solutions previously unimaginable in the blockchain space,” she said.

Magazine: CZ and Binance face new lawsuit, RFK Jr suspends campaign, and more: Hodler’s Digest Aug. 18 – 24

This article first appeared at Cointelegraph.com News

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