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Cudos Seeks to Join ASI Alliance as Fourth Member

Cudos Seeks to Join ASI Alliance as Fourth Member

From September 19-24, the community will vote on the inclusion of decentralized cloud computing provider Cudos into the Artificial Superintelligence (ASI) alliance. This was reported by Cointelegraph citing a press release.

If approved, the integration will involve the merging of Cudos and FET tokens.

At the end of March, three AI-focused blockchain projects — SingularityNet, Fetch.ai, and Ocean Protocol — announced the formation of an alliance to develop decentralized AI infrastructure.

In April, they received community approval to convert tokens into a single ASI coin. FET is currently in use, but the group continues to work on the transition. Progress is expected in the coming months, noted Fetch.ai CEO Humayun Sheikh.

The addition of a fourth member “will add computational resources and utility to ASI,” emphasized Cudos CEO Matt Hawkins.

According to the press release, the expansion of the alliance aims to increase its computational power, reduce reliance on centralized providers, and create a decentralized cloud infrastructure.

Sheikh noted that decentralized operations are preferable because they “provide greater scalability, resilience, and security.”

“Distributing resources globally reduces dependence on a single provider, fostering innovation and democratizing access to AI technologies for a wide range of users,” he noted.

Back in July, developers of the AI platform SingularityNET and the data storage network Filecoin announced a partnership to merge the fields of artificial intelligence and DePIN while maintaining decentralization, ethical neural networks, and information reliability.

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