Three big names in AI technology – Fetch.ai, Ocean Protocol, and SingularityNET – are coming together to make a big move. They are combining their powers to create one big team called the Artificial Superintelligence Alliance, with a total value of $7.6 billion. This big step forward will make artificial intelligence smarter and free it from the control of a few large companies that are currently at the forefront.
AI gets a big boost from a new alliance
The reason for these large-scale mergers is simple. That’s because artificial intelligence is growing rapidly and these three companies have been doing a lot of their own work. Now they’re joining forces to speed up the work of making artificial intelligence smarter in a way that everyone, not just the tech giants, can benefit from. Ben Goertzel of SingularityNET and Humayun Sheikh of Fetch.ai are leading the way. They believe that artificial intelligence should be developed in an open and fair way for everyone.
How AI Token Merger Works
In practical terms, this means that the tokens (or digital coins) of Fetch.ai, Ocean Protocol, and SingularityNET will all be merged into one new token. ASI token. The total value of these new tokens is expected to be $7.6 billion. Ocean Protocol’s Bruce Pon explains that the ASI token will help keep the network secure and make artificial intelligence more accessible and usable without traditional monetary systems. Although they join forces, each company will continue to work on its own projects. They will work together under this new alliance to make artificial intelligence better for everyone.
Impact on the market
When this news became known, people became excited and the value of the token went up. However, the cryptocurrency market can be a bit of a roller coaster and things have been up and down since then. A brief look at the recent situation is as follows.
- Fetch.ai (FET) rose slightly to $3.33.
- SingularityNET (AGIX) fell slightly to $1.35.
- Ocean Protocol (OCEAN) saw an even bigger decline to $1.45.
These changes show not only how news can shake things up, but also how the overall mood in the cryptocurrency world can affect prices.
One step toward fairer AI
This big move goes beyond simply creating new tokens. It is setting a new direction for AI. The goal is to ensure that AI development is not left in the hands of a few large companies, but that everyone can participate and benefit. Through this alliance, Fetch.ai, Ocean Protocol, and SingularityNET are working to make AI more accessible and fair for everyone. This could change the way AI is developed and used in the future.
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