SingularityNET CEO ASI Alliance Poised to Surpass OpenAI in Hardware Capabilities

The Artificial Superintelligence (ASI) Alliance, an industry merger aiming to challenge Big Tech dominance in artificial intelligence, has a long path to reach rivals’ computing power. Still, a key alliance member believes it can offer much smarter decentralization solutions.
On Sept. 19, ASI officially
opened
voting on bringing the cloud computing and blockchain platform Cudos into its alliance in a move to expand its computing power and AI tools.
Open until Sept. 24, the vote allows the community to decide whether Cudos should join and merge their native token, Cudos (CUDOS), with the ASI Alliance, which currently includes SingularityNET, the Ocean Protocol and Fetch.ai.


Source:
Cudos
Cudos’ entrance
into the ASI Alliance is expected to scale with the alliance’s growing computing needs on its mission to deploy artificial general intelligence (AGI), which attempts to create software with humanlike intelligence powered by immense computational power.
Cudos, Fetch, Ocean and SingularityNET are estimated to bring $200 million in computing hardware
With the potential Cudos merger, the ASI Alliance could bring $200 million of dedicated computer hardware if token prices remain healthy, SingularityNET founder and CEO Ben Goertzel told Cointelegraph in an interview on Sept. 19.
Despite this, the ASI Alliance is still far from achieving the level of computational power of major AI rivals. With firms like OpenAI supposedly
using
around $1 billion of computing power for
GPT-4
, one could roughly estimate that the ASI Alliance is 80% far from matching the level of OpenAI’s AI model.


SingularityNET Foundation’s founder and CEO, Ben Goertzel. Source: Cointelegraph
“We’re quite far from having as much hardware as OpenAI or Google,” Goertzel said, but the ASI Alliance has a significant potential in scaling with solutions. Cudos and SingularityNET spinoff NuNet,
enable
any device to contribute to a global compute pool, he noted, stating:
ASI Alliance “can be something way smarter” than Big Tech
In the interview, Goertzel also expressed confidence that decentralized AI initiatives like the ASI Alliance have a competitive advantage against Big Tech in the AI space.
Related:
OpenAI fundraising could push valuation to $150B
“I believe this can be something way smarter than what Big Tech is doing,” the SingularityNET founder opined, stating:
Goertzel noted that the ASI hopes to have innovation by having many smaller projects, but there’s a shared incentive by having a shared token.
“So hopefully, you can get the benefits of mergers and without the sort of bogging down into a conglomerate that comes in with mergers in the traditional corporate world,” he added.
Additional reporting by Andrew Fenton.
Magazine:
Creating ‘good’ AGI that won’t kill us all: Crypto’s Artificial Superintelligence Alliance