Singapore, Singapore, August 21st, 2024, Chainwire
Today at the Web3 Summit in Berlin, SubQuery revealed a significant development: their new offering – decentralized artificial intelligence (AI) inference hosting. During a real-time demonstration, James Bayly, SubQuery’s COO, showcased how the latest LLama model functions seamlessly across a completely decentralized network of Node Operators on SubQuery’s internal testing platform.
SubQuery’s ambition lies in equipping developers to mold the future via decentralization. They lead the charge in creating the upcoming generation of Web3 applications, catering to countless users, with decentralization serving as the foundation.
The SubQuery Network serves as a sophisticated foundation for the realization of this concept. At present, it caters to decentralized data indexers and RPCs, essential elements for any developer constructing decentralized applications (dApps). SubQuery has demonstrated its reliability as a viable replacement for centralized services, providing an open network where anyone can act as a node operator or delegator.
The significance of AI in reshaping industries, notably Web3, has grown more apparent. Keeping a close eye on these advancements, SubQuery has been diligently developing its decentralized platform with AI capabilities. As the Berlin Web3 Summit, highlighting decentralization, presents an ideal venue, James Bayly expressed that it’s the perfect stage for us to unveil this new feature and showcase it in real-time.
SubQuery primarily concentrates on AI inference, which involves utilizing pre-existing models to generate predictions on fresh data, instead of being centered around model training. As James pointed out, there are numerous commercial services that provide hosting for custom models; however, very few cater to the Web3 sector. Our decentralized network, on the other hand, is exceptionally well-suited for dependable, long-term AI model hosting within this space.
Presently, the market for Artificial Intelligence (AI) inference is mainly controlled by significant centralized cloud services that demand high prices and frequently utilize user data to boost their exclusive models. As James pointed out, these providers such as OpenAI and Google Cloud AI are not just costly but also exploit your data to strengthen their closed-source solutions. Contrastingly, SubQuery aims to deliver a cost-effective, open-source choice for running AI production models. “Our mission is to enable users to deploy a fully operational Language Model (LLM) through our network in merely 10 minutes,” James further explained.
James cautioned that relying excessively on closed AI models could lead to a situation where power is concentrated in the hands of a few major corporations, reinforcing their authority over time. Instead, by performing AI processing on a network distributed across multiple nodes, we can prevent any one entity from having control or misusing user data. This approach also disperses prompts among numerous node operators, safeguarding privacy and fostering an open-source environment.
SubQuery Network offers cutting-edge hosting solutions for top-tier open-source AI models, making it possible to offer scalable and user-friendly AI services within the Web3 ecosystem. By adopting a community-oriented strategy, SubQuery fosters large-scale decentralized AI inference, thereby empowering a multitude of autonomous Node Operators.
About SubQuery
SubQuery Network is revolutionizing web3 infrastructure by providing builders with tools that enable them to decentralize the future without sacrificing quality. Our adaptable DePIN network underpins the speediest data indexers, the most scalable RPCs, creative Data Nodes, and advanced open-source AI models. We serve as the foundation of the web3 landscape, aiding blockchain developers and their groundbreaking applications to thrive. We’re more than just a company; we’re a force propelling an equitable and decentralized web3 era. Let’s collaborate in shaping the future of web3, together.
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Head of Marketing
Brittany Seales
SubQuery PTE LTD
brittany.seales@subquery.network
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2024-08-21 12:52