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WEEKLY AI RECAP

Posted on August 29, 2024 by Admin

WEEKLY AI RECAP

Masa Bittensor Subnet 42 Mainnet is LIVE

Masa’s Subnet 42 is advancing mission to supercharge open and permissionless #AI data aggregation, transformation, and access.

The Subnet is powered by a competitive global network of miners contributing data, verified for accuracy by validators, and used by AI developers to train generalized and specialized artificial intelligence.

Real-Time Data: Essential for building robust datasets or feeding real-time context into LLMs (Large Language Models). Useful for #AI models that need continuous data to reflect the latest trends, market movements, or social sentiment. Static (Indexed) Data: Continuously updated by miners and stored for further processing into vector embeddings, powering Retrieval Augmented Generation (RAG) workflows.

The Masa Subnet 42 delivers nearly 20-billion data points daily to the #Bittensor ecosystem.Real-time daily data includes:

→ X: 350M Tweets from 586M users

→ Discord: 4B messages from 150M users

→ Telegram: 15B messages from 900M users

→ Podcasts: 120K new episodes

→ YouTube: 720K hours of YouTube content

StoryProtocol raises a monster $80M Series B (at a reported $2.25B valuation) for its IP blockchain that enables creators to flourish in the age of AI

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Intellectual property (IP) is one of the world’s biggest asset classes.Training data, AI models, memes, UGC videos, game assets, character traits and more are all IP.
Everything is IP.

With the rise of AI, IP becomes even more valuable. IP serves as the foundational input that large models train on. Put simply, without IP, AI is likely to hit a ceiling.
Story is creating a win-win future where creators can both protect and grow their IP in the age of AI.

Story is the world’s IP blockchain, a Layer 1 that seeks to tokenize the multi-trillion-dollar asset class of intellectual property. Creators use Story to declare sovereignty around their IP, set usage rules, and build a global network where fans remix, sell, and promote their work.

The Microsoft-backed blockchain AI startup raises $20 million

Space and Time Labs, the startup behind the development of the decentralized data platform for blockchain AI applications of the same name, announced that it has raised $20 million in a Series A round led by Framework Ventures, Lightspeed Faction, Arrington Capital, and Hivemind Capital. Other investors such as M12, DCG, F-Prime Capital, OKX Ventures, and Circle Ventures also participated in the funding.

The funds from the latest investment round will be used to accelerate product development, technical enhancements, and to further grow the ecosystem and community.

With this funding, Space and Time has raised a total of $50 million across three rounds: Seed, Strategic, and Series A. Notably, the $20 million Strategic round in 2022 was led by M12, the venture capital arm of tech giant Microsoft.

Fetch_ai FET launches a $10M Innovation Lab

Decentralized machine learning platform Fetch.ai is launching a hub in San Francisco, California to advance artificial intelligence technology.

The new hub, Innovation Lab, will onboard early-stage startups working on AI agent solutions — software that uses artificial intelligence to perform specific tasks or make decisions for users or other systems. 

According to Fetch.ai, it will allocate $10 million in annual funding for projects using the platform to build AI agents. Funding will be milestone-based, with a $1 million cap per project. The autonomous AI agents market is expected to reach $88.1 billion by 2032. 

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Blockcast: Accelerating the Internet, Connecting the World

Blockcast: Accelerating the Internet, Connecting the World

What is Blockcast? Blockcast is a next-generation Content Delivery Network (CDN) that uses multicast technology to address bandwidth challenges in the era of booming streaming. Born at UC Berkeley, the project aims to build a decentralized network that leverages community power to deliver high-quality content like 4K and 8K globally while slashing costs for providers. With the slogan "Content Delivery, Powered By You!", Blockcast is not just a technology but an ecosystem where anyone can parti

June 2, 2025

Analysis of Nockchain: A ZK-Proof-of-Work Blockchain

Analysis of Nockchain: A ZK-Proof-of-Work Blockchain

Introduction to Nockchain In the fast-evolving world of blockchain, Nockchain emerges as a unique project aiming to revolutionize decentralized computing. Founded in 2023 in Berlin, Germany, Nockchain is a high-throughput blockchain leveraging a Zero-Knowledge Virtual Machine (ZKVM) and a novel ZK-Proof-of-Work (ZKPoW) consensus mechanism. With its native token, $NOCK, and a promise of a fair launch, Nockchain has sparked interest in the Web3 community. However, controversies at its mainnet lau

May 29, 2025

Monad: The Future of Layer 1 Blockchain with Unparalleled Performance

Monad: The Future of Layer 1 Blockchain with Unparalleled Performance

As the blockchain industry continues to evolve, Monad emerges as a promising Layer 1 (L1) blockchain, delivering exceptional performance and scalability. Aiming for 10,000 transactions per second (TPS), a block time of just 0.5 seconds, and full compatibility with the Ethereum Virtual Machine (EVM), Monad is capturing the attention of developers and users alike. Let’s dive into the details of this groundbreaking project and discover how you can get involved today! What is Monad? Monad is a La

May 12, 2025

Drosera Network: Revolutionizing DeFi Security and How to Run a Node

Drosera Network: Revolutionizing DeFi Security and How to Run a Node

Decentralized Finance (DeFi) has transformed the financial landscape, but with great innovation comes great risk. Since 2014, DeFi protocols have lost nearly $80 billion to exploits, highlighting the urgent need for robust security solutions. Enter Drosera Network, a decentralized security protocol built on Ethereum that aims to safeguard DeFi ecosystems through automated threat detection and response. In this article, we’ll dive deep into what Drosera Network is, why it matters, and provide a s

April 20, 2025

Gensyn: Revolutionizing AI Compute and Guide to Running a Node

Gensyn: Revolutionizing AI Compute and Guide to Running a Node

Introduction to the Gensyn Project Gensyn is a decentralized Machine Learning Compute Protocol designed to connect global computing resources into a supercluster tailored for artificial intelligence (AI). Developed by a UK-based team, Gensyn aims to reduce the costs of training AI models, increase accessibility for researchers, engineers, and academics, and ensure transparency and censorship resistance through blockchain technology. Goals and Vision * Cost Reduction: Gensyn claims it can cu

April 14, 2025

Pipe Network: The Future of Decentralized CDN and Opportunities from the Node DevNet 2 Program

Pipe Network: The Future of Decentralized CDN and Opportunities from the Node DevNet 2 Program

In the digital era, where the speed of content delivery is a critical factor, content delivery networks (CDNs) have become indispensable in ensuring a seamless user experience. However, giants like Cloudflare and Akamai, while powerful, remain constrained by their traditional centralized models. Enter Pipe Network—a decentralized CDN built on the Solana blockchain—emerging as a fresh contender promising to revolutionize how we approach content distribution. Notably, its current Node DevNet 2 pro

March 18, 2025