ChainGPT’s AI Agents and AIVM Framework Set to Advance Web3

[PRESS RELEASE – Dubai, United Arab Emirates, December 17th, 2024]

ChainGPT, a prominent blockchain AI solutions provider, today announced its innovative AIVM (AI Virtual Machine) framework, a first-of-its-kind system designed for the Web3 ecosystem. Launching in 2025, ChainGPT’s AIVM blockchain will introduce autonomous AI agents that remodel blockchain operations through fully decentralized systems.

The blockchain industry has long sought truly autonomous AI solutions that can deliver on the promise of decentralization. ChainGPT’s AIVM addresses this challenge by introducing a scalable system that operates entirely on-chain, setting a new standard for AI agent functionality in the Web3 space.

At the heart of AIVM is a flexible infrastructure that empowers developers to create custom AI agents for any Web3 application imaginable. This comprehensive framework provides seamless interaction with Web2 platforms, direct smart contract integration, multi-blockchain compatibility, and extensive access to both data sources and decentralized applications, offering unprecedented development freedom in the Web3 space.

AIVM’s forward-thinking architecture tackles critical challenges in AI computing by democratizing access to GPU resources and simplifying AI model training. The platform introduces efficient mechanisms for decentralizing AI models while creating compelling incentives for data providers. This innovative approach significantly reduces operational costs for AI companies while building stronger bridges between enterprises and users who contribute to AI model development.

“As an AI company ourselves, we experienced the frustration of limited GPU access firsthand, with our own solidity language model facing year-long delays due to computing power constraints,” said Ilan Rakhmanov, Founder & CEO, ChainGPT. “Traditional providers required substantial upfront commitments or lengthy approval processes, creating significant barriers for AI innovation. AIVM solves this by directly connecting data centers and cloud providers with AI companies through a decentralized marketplace.”

The platform encompasses six core components that form a complete Web3 AI ecosystem: a GPU marketplace for distributed computing power, customizable AI agents for autonomous operations, advanced smart contract capabilities, an AI data marketplace for secure data exchange, decentralized inference systems, and streamlined AI model training facilities.

Key features of the AIVM framework include:

• Real-time security monitoring with automated threat detection and response
• Advanced smart contract analysis with proactive vulnerability identification
• Autonomous DeFi portfolio management and yield optimization
• Cross-DEX arbitrage detection and execution
• Automated DAO governance participation

The AIVM framework will introduce a cutting-edge pay-as-you-go model where data centers and cloud providers will offer their available computing power to the network in exchange for incentives. Thus AI companies can instantly access this computing power based on their immediate needs, without pre-commitments or approval processes.

This solution extends beyond Web3, serving any AI company requiring computing resources for model training and deployment. Beyond this, the AI agents will actively contribute to DAO governance by analyzing proposals and casting votes based on predefined criteria or stakeholder input.

Developers and organizations interested in participating in the AIVM ecosystem or for any other information can join the waitlist here: https://www.chaingpt.org/About ChainGPT 

Incepted in 2023, ChainGPT is a leading provider of AI-powered tools for the blockchain and Web3 industries. It emerged as a project to bridge the gap between blockchain technology and AI, creating innovative solutions for the Web3 ecosystem. Leveraging advanced AI techniques, ChainGPT enhances blockchain functionality with its tools and applications, including SDKs and APIs for automated smart contract generation, a Web3 AI chatbot, an NFT generator, and an IDO launchpad. With established partnerships and collaborations with industry leaders such as Google, Nvidia, and BNB Chain, ChainGPT continues to pioneer efficient and user-friendly AI solutions in the blockchain space.

As a relatively young but rapidly growing project, ChainGPT’s mission is to transform the intersection of blockchain and AI, with a vision to unlock the potential of autonomous AI agents in Web3.

Users can learn more at: https://www.chaingpt.org/

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