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AI Advancing into Sustainable Mode

The Daily Leo #590

Creativevoice [Uyobong]

Nov 13

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Welcome to The Daily InLeo! We pull the best articles in Finances, Crypto news, and Hive/Leo into one condensed information-packed space.
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AI Advancing into Sustainable Mode

Artificial intelligence (AI) technology is progressing at an unprecedented pace, and the focus is shifting toward sustainable, transparent, and collaborative growth. The rise of open-source AI models has opened new avenues for innovation, making it easier for developers and organizations worldwide to access cutting-edge technology. This move not only accelerates advancements in AI but also democratizes its development, allowing diverse voices to contribute to a more ethical and inclusive AI landscape. Combined with Web3 technology, these open-source models are now paving the way for decentralized, community-driven AI applications that prioritize transparency, privacy, and environmental responsibility. This fusion marks a transformative step toward an AI ecosystem that can sustainably support global needs while upholding the values of openness and accountability. The compilation features the latest AI advancements in AI as well as bringing LEO Tokenomics to the spotlight. The featured content is interesting and worth your reading time.

Tether Launches Open-source Wallet Development Kit (WDK) with AI Integration

Tether has launched an open-source wallet development kit (WDK) to support non-custodial wallet integrations for its stablecoin USDT and Bitcoin, with AI integration. The purpose is to enhance financial autonomy and security for users across the digital ecosystem, promote financial inclusivity, and support the next generation of digital finance. The wallet development kit can be integrated into various platforms, such as apps, websites, and AI-powered systems. The WDK is built with a modular design and easy integration, allowing developers to create secure, self-custody wallets for human and AI-driven applications, initially supporting Bitcoin and Tether with plans for broader compatibility.

Tesla Inference: Crucial for AI Advancement

Tesla is setting up an inference cluster that will use the computers in its vehicles to provide inference services when the cars are not in operation. In the next 18 months, over 10 million vehicles will likely have computers capable of performing inference. Inference computing will be crucial for AI advancement, and there is a growing need for more inference compute power. Tesla is leveraging the computers in its vehicles to create a distributed inference network, utilizing the idle time of the vehicles to provide inference services.

NEAR.AI: Your Latest Open-Source AI Model

Near Protocol has unveiled a record-breaking, 1.4-trillion-parameter open-source AI model called NEAR.AI to democratize AI research, prioritize privacy, prevent monopolization, and make AI innovation accessible beyond traditional research labs. The AI model was unveiled during the opening day of the Redacted conference in Bangkok. Near Protocol plans to leverage blockchain technology to crowdsource funding and incentivize contributors, implement advanced encryption technologies to safeguard user data and root the project in Web3 principles to make AI more accessible and interoperable with blockchain technologies. Near AI is pitched to become the largest open-source AI model.

LEO Tokenomics and the Coming Bull Run: $100M LEO in Sight

INLEO (formerly LeoFinance) is approaching its mission with an "Everything App" mindset. Having brought microblogging, Shorts, Creator Subscriptions, and Lite Accounts to the Hive blockchain, the userbase is building up significantly and this has a ripple effect on the pricing and overall tokenomics of the LEO token. LEO has a circulating supply (November 2024) of 20 million out of a max supply of 50 million with an emissions rate (April 2024) of 0.208 LEO/Block. In 2056, the inflationary pool will be 0% and the System Income Rewards Pool (SIRP) will be set in place. With the buzzing Bitcoin bull run, the altcoin season is in sight and the growing MAUs on INLEO primes the LEO token for a possible 2x the $1.18 price it hit in the last bull run. A $100M LEO market cap is possible. Are you positioned to take advantage of this?

InLEO is a blockchain-based social media platform for Crypto & Finance content creators. Our tokenized app allows users and creators to engage and share content on the blockchain while earning cryptocurrency rewards.

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