fbpx
Startups

DeepBrain Chain, Launches its AI Project ‘Skynet’

You know how there’s a plethora of movies portraying a futuristic AI centric world, well that scenario might be closer to reality than you think. Earlier this June, the decentralized AI computing enterprise leader, DeepBrain Chain (DBC), officially unveiled the activation of their Skynet Project. Where they recruited AI computing power from across the globe with an aim to build a globally decentralized AI TestNet in order to strengthen the very foundation of the MainNet. The DeepBrain Chain CEO said,

The activation of Skynet Project means that DeepBrain Chain’s AI TestNet has entered large scale beta testing. Building on blockchain and decentralized AI computing, DeepBrain Chain will help AI enterprises take off globally, lowering their computing cost, accelerating their products’ time to market.

The ‘Skynet’ Project

In sci-fi pop culture, the very term Skynet resonates with the conscious AI super computer from the all time classic movie, Terminator. What makes the choice of the name for this new project questionable is that in the movie Skynet, the super computer was planning on destroying human beings. DeepBrain Chain acknowledges that the threat of artificial intelligence has been the sword of Damocles hanging above the human head, and various science fiction movies have thrown out artificial intelligence to threaten the survival of human beings. Even famous physicist Stephen William Hawking and entrepreneur Elon Musk have issued artificial intelligence threat theories.

According to its whitepaper,

Although technically the threat still requires years of technological development, if we can build technical specifications from a very early stage, the benefits of human development will only be greater.

DeepBrain Chain believes that smart contracts are likely to be an important solution to future threats of artificial intelligence.

We will continue to explore to restrain some preternatural behaviors of artificial intelligence in DeepBrain Chain through smart contract, to guard against potential artificial intelligence threat for the future.

The paper further explained.

Nonetheless, DeepBrain Chain’s Skynet project has sparked the interest of the AI community globally.

The decision to activate the Skynet Project came after the research and development team of DeepBrain Chain, successfully ran 3 real-life AI training models on their TestNet for the first time ever on June 3rd. In order to assess TestNet’s function comprehensively, they had to activate the project so they could recruit AI computing power from all over the world.

Hurdles in AI development

At the very center of the AI industry are three imperative elements that push the development forward,

  1. Computing power
  2. Algorithms
  3. Data

One can simply not go without the other. The difficulty occurs while scaling these elements to coincide with the budget of companies. The computing power cost has been a massive hurdle and pain point for AI enterprises. The cost burden of scaling on small and medium size enterprises in the AI industry can be especially prohibitive towards product development.

Machine learning requires large data sets on which to train; the more the data, the more computing resources are needed. Such processes can take weeks or even months due to limits on data quality and processing power, which translate to higher costs for AI companies. For small to medium size AI enterprises, on average 20%-30% of their funds have to be used on buying AI computing power.

There are many firms that do offer AI cloud computing, however they are all heavy on the pocket.

The DeepBrain Chain ICO application of blockchain to AI development holds great promise in overcoming those barriers and propelling the industry forward by leaps and bounds, with its ability to help reduce the cost by an impressive margin of 70%.

DeepBrain chain’s proposition

The goal of DeepBrain Chain is to provide a more efficient and cost-effective way for AI development. Utilizing the blockchain to access computing power, DeepBrain Chain creates a decentralized ecosystem that incentivizes provision of processing power and data sets for a reward. Idle computing nodes can be deployed for use by developers to earn DeepBrain Coin (DBC) in return.

The decentralized network drastically reduces costs for developers because there is no need to acquire more hardware to access larger amounts of computing power. It also dramatically increases the scalability of AI development through access to exponentially greater computing power via the blockchain, meeting another fundamental demand of the industry.

Lower costs combined with higher processing capabilities will reduce the difficulty faced by many companies with AI use cases for implementing the technology, spurring development and adoption in turn.

The team behind DeepBrain Chain

CEO- He Mong. He was once enrolled in a Ph.D. program at East China Normal University and Chinese Academy of Sciences. As an artificial intelligence expert, he holds the title of Innovation Character of the Shanghai computer industry.

CMO- Chuanfeng Lee. He has a Master’s in Architectural from the Research Institute of MCC Group. Lee is the director of the China Audio Association and a founding member of Advanced Audio and Video Industry Association of Pudong New Area. He is also the founding director of Intelligent Workshop.

Chief AI Officer, Executive VP of DBC at Silicon Valley AI + Blockchain Research Center -Dr. Wang. He has almost 20 years of Silicon Valley experience in artificial intelligence, business intelligence and data science, leading world class, industry award winning, global high-tech organizations as senior executive for Global Fortune 500 enterprises.

 Requirements for joining the Skynet Project

  • GPU with 2, 4, 8 or more GPUs with configuration of GeForce GTX 1080Ti or above; (to act as AI TestNet computing node)
  • Over 4TB’s storage resource; (to act as AI TestNet’s storage node)
  • 64G or more of memory;
  • Over 100Mbps bandwidth.

Abeer Anwaar

Abeer holds a Bachelors degree in Media studies and covers blockchain startups for BlockPublisher. An optimist, excels in the art of the written word and swears by the joy of all things sweet. Contact the editor at editor.startups@blockpublisher.com

Leave a Reply

This site uses Akismet to reduce spam. Learn how your comment data is processed.

Close