Crypto Giants Unite: The Hilarious Quest for Open AI Services!

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What to know:

  • Well, it seems a gaggle of crypto bigwigs and blockchain buffoons have decided to band together to whip up some open AI services using their collective brainpower—or lack thereof.
  • The noble aim of this merry band of misfits is to “ensure secure, open source, economical, and fair AI access,” which sounds as delightful as a pie in the sky, if you ask me.

In a world where everyone’s trying to outsmart the other, a troupe of crypto and blockchain firms has come together to concoct open artificial intelligence (AI) services, using their combined infrastructure like a bunch of kids pooling their lunch money for a soda.

They call themselves the Open Agents Alliance (OAA)—a name that sounds like a secret society of nerds. This illustrious group includes NEAR AI, the payment and AI branches of Coinbase, and a smattering of other blockchain and AI projects that you probably haven’t heard of unless you’ve been living under a rock.

According to a rather grandiloquent announcement sent via email on Thursday (because who doesn’t love a good email?), their mission is to “ensure secure, open source, economical, and fair AI access.” Sounds like a tall order, but hey, they’re giving it a shot!

These organizations are pooling their resources to offer a hodgepodge of infrastructure, including AI agent frameworks, cloud hosting, and those fancy on/off-ramps to fiat and crypto. It’s like building a playground for developers to create and deploy AI tools, complete with swings and slides—if swings and slides were made of code and algorithms.

In the last couple of years, crypto and blockchain projects have been trying to ride the AI wave, hoping to sprinkle a little transparency and fairness into the mix through decentralization. Because nothing says “trustworthy” like a bunch of folks in hoodies coding away in a basement!

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2025-02-28 02:39