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In a significant move for decentralized AI development, Layer-1 blockchain Injective has partnered with io.net to integrate its iAgent AI framework into the latter’s global compute network. With the alliance, the pair aim to bolster capabilities for on-chain AI development and contribute to the growth of DeFAI.
Described as the internet of GPUs, decentralized physical infrastructure network io.net specializes in providing the substantial compute power required by AI applications. Until now, though, it has not been integrated with its own AI agent.
By incorporating Injective’s recently launched iAgent SDK, the network will strengthen its computational offerings while potentially providing GPU pricing and data feeds for Injective’s future financial products.
The iAgent SDK enables developers to create customized on-chain AI agents using established large language models (LLMs) including OpenAI’s ChatGPT. Developers can put these agents to work automating a variety of Injective-related tasks, like sending payments over the L1, placing market or limit orders on Injective DEXs, or checking wallet balances.
“This collaboration reflects our shared goal of creating practical solutions for developers and engineers,” stated Tausif Ahmed, Chief Business Development Officer of io.net. “By combining io.net’s decentralized compute infrastructure with Injective’s AI agent frameworks and tools, we aim to address key challenges in the AI and blockchain space by lowering barriers to entry for builders everywhere.”
“AI using blockchain rails has exploded in recent months and we're thrilled to see increasing adoption of iAgent bringing AI on-chain,” added Eric Chen, CEO and Co-Founder of Injective Labs. “Now having io.net’s support with their decentralized compute platform to serve on-chain AI developer’s needs can further expand the use cases and innovation in the burgeoning DeFAI sector.”
Closer integration of blockchain and AI technologies is considered by many to be essential for the growth of the decentralized data economy. In recent years, the explosion of AI and ML applications has led to a sharp increase in demand for compute services, a demand that io.net is intent on serving through its distributed GPU/CPU network.
Injective, meanwhile, has underscored its commitment to AI-enabled finance by collaborating with the Artificial Superintelligence Alliance (ASI), a collective made up of Fetch.ai, SingularityNet, and Ocean Protocol.
