Barry Silbert Of Digital Currency Group Ventures Into Decentralized AI With Eyes On Bittensor Network
Cryptocurrency conglomerate Digital Currency Group (DCG) is making a big splash in the realm of decentralized artificial intelligence (AI), with a keen focus on the Bittensor (CRYPTO: TAO) ecosystem.
What happened: Barry Silbert, the head of DCG and an early champion of cryptocurrencies, will lead the new venture called Yuma, aimed at supporting businesses that want to build and deploy AI models on Bittensor, according to a Wednesday press release.
“Just like the early days of Bitcoin, which fueled the development of a new form of transparent, borderless money, we’re moving from the digital ownership of assets to the decentralized ownership of intelligence,” Silbert said.
Yuma would help startups with capital, technical know-how, and operation support to build their models on Bittensor.
For the curious, Bittensor is an open-source network that allows AI models to be shared, trained, and ranked by value. Participation …
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