PYMNTS.com March 27, 2024
Three entities in the field of artificial intelligence (AI) plan to combine to create the Artificial Superintelligence Alliance.
Fetch.ai, Ocean Protocol and SingularityNET aim to create “a decentralized alternative to existing AI projects controlled by Big Tech,” the companies said in a Wednesday (March 27) press release.
The proposed alliance is subject to approval from the three entities’ respective communities, per the release.
As part of this alliance, the tokens that fuel the members’ networks — $FET, $OCEAN and $AGIX — will be merged into a single $ASI token that will function across the combined decentralized network created by this partnership, according to the release.
The combined value of the three tokens is $7.6 billion as of Tuesday...
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