Three Artificial Intelligence (AI) protocols have confirmed a monumental $7.6 billion merger to establish the Artificial Superintelligence Alliance, with the primary goal of advancing the development of Artificial General Intelligence (AGI), according to a March 27 statement shared with CryptoSlate.
SingluarityNET (AGIX), Fetch.ai (FET), and Ocean Protocol (OCEAN) said they joined forces to create an expansive decentralized network that would challenge the dominance of major tech giants in AI.
Why AI protocols are merging
According to the alliance, the merger is driven by the rapid growth of AI and the substantial progress achieved by each of the three projects independently. By combining efforts, the alliance aims to create a robust decentralized AI infrastructure worldwide, accelerating investments in AGI development.
Consequently, the alliance is driven by two key objectives—expediting progress toward AGI and disrupting Big Tech’s stronghold over AI development, utilization, and
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