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SingularityNET Latest Ecosystem Updates: July 2024

SingularityNET
SingularityNET
Published in
12 min readAug 1, 2024

In July’s edition of our Ecosystem Roundup, we reflect on another month of significant growth across our decentralized AI ecosystem. Key highlights include our significant $53m investment to advance decentralized Artificial General Intelligence (AGI) and disruptive Artificial Superintelligence (ASI).

Additionally, we provide progress reports from SingularityDAO, Rejuve.Bio, Cogito, and Jam Galaxy, and shine a spotlight on community-led initiatives and contributions. Finally, we recap our participation in key industry events and highlight notable media coverage, reinforcing SingularityNET’s and the ASI Alliance’s positions as leaders in the decentralized AI space.

SingularityNET News and Updates
  $53M AI Infrastructure Investment to Advance AGI
  ASI Alliance Token Merger Update
  SingularityNET's Technical Tuesdays
  SingularityNET Ecosystem All-Hands on X Spaces - July 2024
  Ambassador Program
Ecosystem News and Updates
  SingularityDAO
  Rejuve.Bio
  Cogito
  Jam Galaxy
Latest SingularityNET Events and Conferences
  FIL Brussels
SingularityNET Community Spotlight
SingularityNET in the News

Spanish Version

SingularityNET News and Updates

$53M AI Infrastructure Investment to Advance AGI

On July 23rd, 2024, we announced an initial $53 million investment to build the world’s first modular supercomputer dedicated to decentralized AGI and disruptive ASI R&D and state-of-the-art High-Performance Computing (HPC) and AI data centers.

Our supercomputer is purpose-built to optimize the training of Deep Neural Networks (DNNs), Large Language Models (LLMs), including their aggressively multimodal variations, and also hybrid neural-symbolic computing architectures such as OpenCog Hyperon, tailored for scaling up dynamic AI workloads and AGI applications. It boasts the capacity to concurrently manage extensive and heterogeneous computational tasks, thereby enhancing the speed and efficiency of compute and enabling a paradigmatic shift toward AGI continual learning and self-improvement in high-load scenarios involving evolutionary algorithm processing, large-scale knowledge distillation, pattern matching, and multi-step machine reasoning.

To support this, some of the recent hardware purchases include a range of advanced GPU compute systems, such as a Modular Data Center equipped with Nvidia L40S GPUs, AMD Instinct and Genoa, Tenstorrent Wormhole server racks, and servers featuring H200 GPUs, as well as Nvidia GB200 (Nvidia Blackwell) systems.

In addition to advancing the supercomputer, resources will be used to construct the first in a series of modular compute containers able to be positioned around the world and relocated as needed. These compute containers will serve as a decentralized hub for a broader network of heterogeneous computing devices leveraging the agent-based computing frameworks created by SingularityNET, its ASI Alliance partners Fetch.ai and Ocean Protocol, and other ecosystem projects such as NuNet and HyperCycle.

ASI Alliance Token Merger Update

On June 22nd, 2024, the ASI Alliance announced that the core token merger process has been completed and we have moved on to post-merger integration. At the time of writing, over 50% of the circulating Alliance token supply has already merged, including foundation treasuries and balances, SingularityNET, Fetch.ai, and Ocean, which are now consolidated under a single token, the Artificial Superintelligence Alliance (FET).

Concurrent with the Alliance’s primary focus on developing and rolling out decentralized AI technology, several implementation and integration steps will be executed in the coming period. In the coming weeks, we will introduce cross-chain bridges and migration solutions to facilitate the transition for our remaining holders on blockchains like Cardano and BNB Chain.

These solutions will enable users to migrate to the merged token (FET) and secure their positions within the Alliance’s ecosystem. Following this, the final step of Phase 2 — updating the ticker from FET to ASI — will be carried out in due time once the alignment of all needed third parties has been achieved.

SingularityNET’s Technical Tuesdays

The ‘SingularityNET’s Technical Tuesdays’ series explores the development of our decentralized AI Platform, the latest advances of the OpenCog Hyperon framework for AGI and beyond, and highlights how we are working to translate our AI and AGI R&D ideas into advanced systems ready to deal with real-world use cases.

Building an AGI Supercomputer

On Tuesday, July 23rd, 2024, we hosted a special ‘SingularityNET Technical Tuesdays’ session with Janet Adams (COO of SingularityNET), Sergey Shalyapin (CTO of SingularityNET), and Theo Valich (CEO and Co-founder of Ecoblox) to discuss our initial $53 million investment to build the world’s first modular supercomputer dedicated to decentralized AGI and disruptive ASI R&D and state-of-the-art High-Performance Computing (HPC) and AI data centers.

In this special session, we will delve into the specifics of this ambitious project and highlight:

  • Our investment in cutting-edge GPUs and CPUs from Nvidia, AMD and Tenstorrent, and the most advanced AI servers from ASUS and GIGABYTE;
  • Our innovative approach to accelerating AGI development and optimizing the training of Deep Neural Networks (DNNs), Large Language Models (LLMs), and also hybrid neural-symbolic computing architectures such as OpenCog Hyperon;
  • The establishment of ‘ASI Hyperon’ Nodes, which will integrate technologies from ASI partners, including SingularityNET, Fetch.ai, and Ocean Protocol, and in later stages incorporate HyperCycle and NuNet technologies.

SingularityNET Ecosystem All-Hands on X Spaces — July 2024

We hosted the third edition of the SingularityNET ecosystem all-hands meeting on X Spaces, fostering a lively discussion on the latest advancements within our ecosystem, the ASI Alliance, and the broader decentralized AI landscape.

Participants from SophiaVerse, Cogito, Rejuve.Bio, Jam Galaxy, provided updates on their projects and upcoming milestones. The discussion also covered the launch of our Global AI Ethics initiative and the start of the integration phase of the ASI token merger, highlighting the continued growth and innovation within the SingularityNET ecosystem.

We look forward to continuing our conversations next month and fostering collaboration within our ever-growing decentralized AI ecosystem.

Ambassador Program

The SingularityNET Ambassador Program is a community-driven initiative that strengthens the transparency and decentralization of our ecosystem, recognizes the valuable contributions made by our Ambassadors, and rewards their achievements.

In July, our Ambassadors actively contributed to the SingularityNET ecosystem in several key areas:

  • Active involvement of the AI Ethics workgroup in the virtual aspects of the AGI-24 Conference;
  • A retrospective Town Hall session was held to review and refine the quarterly budgeting process;
  • A monthly Workgroup Syncing call was initiated to encourage knowledge sharing and streamline coordination.

To learn more about these recent developments, recordings of the SingularityNET Ambassador Program’s July Town Hall meetings are available for viewing on YouTube:

If you are interested in getting involved and joining our community-driven guilds and workgroups, please join our Discord server and navigate to the How to Join section for guidance.

Ecosystem News and Updates

SingularityDAO**

SingularityDAO is a decentralized portfolio management protocol designed to revolutionize crypto asset management.

  • ASI Alliance token migration has opened exclusively on SingularityDAO dApp;
  • SingularityDAO announced a partnership with Ecosystem Partner Jam Galaxy, an innovative audio network that provides super-fast audio connections (low latency), with easily scalable and decentralized infrastructure (“DePIN”);
  • SingularityDAO and Alpha Capital joined forces in a strategic partnership combining SDAO’s expertise in AI and DeFi to drive innovation in the DeFi landscape to leverage its strengths to drive innovation, support early-stage projects, and advance decentralized finance;
  • SingularityDAO and Outlier Ventures entered a strategic partnership to join Outlier Ventures, AI x Crypto Base Camp Accelerator Program;
  • SingularityDAO announced a partnership with Brainedge as part of its Incubation Program. This collaboration aims to revolutionize online education by integrating cutting-edge AI and blockchain technology;
  • SingularityDAO is committed to providing simple and secure access to DeFi. As part of their mission, they have facilitated a seamless integration with Safe{Wallet}, thereby offering users an effortless pathway into SingularityDAO’s innovative applications;
  • SingularityDAO announced an Incubation Partnership with the Lemonade platform that focuses on collaboration, removing friction, and saving time and money for creators and brands through an array of no-code tools;

Rejuve.Bio*

Rejuve Biotech focuses on identifying new targets and pathways for therapies that could mitigate age-related diseases like Alzheimer’s, cardiovascular disease, and cancer through advanced AI, cross-organism insights, and cutting-edge multi-omics research.

  • The Rejuve.Bio Crowd Fund continues to grow, raising more than $260K;
  • Preparing a presentation for AGI-24 to showcase Rejuve.Bio’s research platform and hypothesis generation service using Hyperon and Bio Atomspace;
  • Preparing to participate in a startup pitch competition at the Aging Research and Drug Discovery meeting in Copenhagen;
  • Continuing research into DNA/RNA differences in Methuselah Flies Vs. Control Flies, while collaborating with Milmed and Cortex Discovery on joint experiment proposals.

Cogito**

Cogito provides institutional-grade investment products by bringing traditional financial assets onchain.

  • Onboarded first 2 TFUND investors, more in the pipeline;
  • Cogito’s token, CGV, was listed on partner Plena, and held an airdrop to celebrate the news;
  • V2 has been deployed, now allowing Cogito to accept more than just USDC;
  • CEO Cloris Chen appeared in Future, Tech, and Foresight podcast episode n°150, titled ‘Tokenization, AI, and the New Era of Finance;’
  • Cloris was also published on CCN with the article ‘Will ETFs Be Overtaken by Tokenization?;’
  • Quant Analyst Nejc Znidar was a speaker at the Stable Summit during ETHCC Brussels, covering ‘Stablecoins Facilitating the Impact Economy;’
  • Nejc also appeared in AdLunam’s podcast ‘Unlocking Liquidity: The Future of Tokenized Assets.’

Jam Galaxy

Web3 Music Studio leverages AI, blockchain & DePIN infrastructure to transform how artists and fans experience music.

  • Jam Galaxy announced a strategic partnership with SingularityDAO;
  • Jam Galaxy is experiencing a significant growth phase. They are actively hiring new team members across both our technical and business departments to support their expanding operations and development;
  • Jam Galaxy’s DePIN simulation is nearing completion, bringing them close to being ready for the testnet run. This marks a critical milestone in their development process;
  • The final UI design of the V1 Jam Galaxy platform is almost complete. The team is preparing to conduct an initial round of consistent feedback sessions with their user testers;
  • The team is currently developing an advanced server list, search, and filter functionalities for jamming servers hosted by node operators. This will enhance the user experience and improve accessibility;
  • The Jam Galaxy team finalized the creation of their new login system, which now supports Metamask, as well as email and X accounts. This will provide users with a more flexible and secure login experience.

Latest SingularityNET Events and Conferences

SingularityNET, as a global leader in the fields of AI, AGI, social robotics, and the intersection of AI and blockchain technology, is regularly sought out to provide thought leadership on a global stage.

In the past month, our team participated in the following key events:

FIL Brussels

Our Strategic Initiatives Officer Alex Blagirev took the FIL Brussels stage alongside Yan Bo Ng, FF Enterprise Solutions Architect at Filecoin Foundation, to discuss the intersection of AI and DePin and our new partnership with Filecoin.

This collaboration to advance our Knowledge Layer initiative and enhance the combined values of AI and DePIN aims to achieve several key objectives, spanning various timelines and technical implementations:

  • Short-term: SingularityNET will utilize the SDK from Lighthouse, one of the primary data onboarding solutions in the Filecoin ecosystem, to store metadata;
  • Mid-term: Integrate Filecoin’s tech stack into SingularityNET Platfrom to support archival data needs, enhancing the robustness and security of AI-generated data storage;
  • Long-term: Leverage Filecoin for the creation and management of Knowledge Graphs to support the Knowledge Layer initiative led by SingularityNET.

SingularityNET Community Spotlight

We are fortunate to have some great community leaders who actively contribute to the growth and development of the SingularityNET ecosystem. Here are some of the latest community-created initiatives that showcase the creativity and collaborative spirit thriving within our ecosystem:

  • In a recently published video, Philipp Wiese discusses the vision and objectives of the ASI Alliance, comprising SingularityNET, Fetch.ai and Ocean Protocol;
  • The LATAM guild of the Ambassador program represented us at the ADN2024 event in Buenos Aires, Argentina on July 31st;
  • Philipp Wiese published a video discussing the latest updates of the ASI token merger;
  • Silbererde sat down with Robert Wils and Amaury Dalleur from the SingularityDAO team to discuss the SingularityDAO launchpad and upcoming developments.

Join our vibrant community to dive deeper into the world of SingularityNET and discover how you can participate in shaping a more decentralized and democratized AI future. Connect with us on Discord and explore our Ambassador Program for opportunities to collaborate, learn, and contribute to our shared vision.

SingularityNET in the News

Recent media coverage highlights the progress we are making, the partnerships we are forging, and the thought leadership we are providing in the AI space:

We are proud of the work our teams and community accomplished in July, and we remain committed to continuing to lead the way in decentralized AI and the quest for beneficial AGI.

About SingularityNET

SingularityNET was founded by Dr. Ben Goertzel with the mission of creating a decentralized, democratic, inclusive, and beneficial Artificial General Intelligence (AGI). An AGI is not dependent on any central entity, is open to anyone, and is not restricted to the narrow goals of a single corporation or even a single country. The SingularityNET team includes seasoned engineers, scientists, researchers, entrepreneurs, and marketers. Our core platform and AI teams are further complemented by specialized teams devoted to application areas such as finance, robotics, biomedical AI, media, arts, and entertainment.

Decentralized AI Platform | OpenCog Hyperon | Ecosystem

Stay Up to Date With the Latest SingularityNET News and Updates:

* Disclaimer: Content published by SingularityNET is meant for informational purposes only and is not intended to serve as a recommendation to buy or sell any security in a self-directed account and is not an offer or sale of a security. Any investment is not directly managed by SingularityNET or Rejuve.Bio. All investments involve risk, and the past performance of a security or financial product does not guarantee future results or returns. Potential investors should seek professional advice and carefully review all documentation before making any investment decisions.

** Disclaimer: Content published by SingularityNET is for educational purposes only. It does not constitute investment advice or a recommendation to buy or sell securities. All investments involve risk, and the past performance of a security or financial product does not guarantee future results or returns. Potential investors should seek professional advice and carefully review all documentation before making any investment decisions.

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SingularityNET
SingularityNET

Written by SingularityNET

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