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Crypto Giants Unite to Launch Decentralized AI Services

Fri, 28 Feb 2025, 07:03 am UTC

Crypto Giants Unite to Launch Decentralized AI Services. Source: Jernej Furman from Slovenia, CC BY 2.0, via Wikimedia Commons

A group of leading blockchain and crypto firms has formed the Open Agents Alliance (OAA) to deliver decentralized artificial intelligence (AI) services using shared infrastructure. The alliance includes NEAR AI, the AI and payments divisions of Coinbase, and various blockchain and AI projects.

The initiative aims to provide secure, open-source, cost-effective, and fair AI access, ensuring developers can build and deploy AI tools with ease. According to an announcement on Thursday, the OAA will offer AI agent frameworks, cloud hosting, and seamless on/off-ramps between fiat and crypto to enhance accessibility.

With the growing interest in AI, blockchain projects are increasingly exploring ways to leverage decentralization for transparency and fairness. By combining resources, OAA seeks to democratize AI while reinforcing the synergy between blockchain technology and machine learning.

The collaboration reflects a broader trend of crypto firms integrating AI to expand their capabilities, particularly in payments, security, and automation. As blockchain-based AI solutions gain traction, initiatives like OAA could redefine how AI is developed and deployed, reducing reliance on centralized tech giants.

The convergence of crypto and AI presents new opportunities for innovation, and OAA’s efforts may shape the future of decentralized AI infrastructure.

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Great article. Requesting a follow-up. Excellent analysis.

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Great article. Requesting a follow-up. Excellent analysis.
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