FacebookTwitterLinkedInTelegramCopy LinkEmail
Others

SingularityNET Unveils Major Investment in Modular AGI Supercomputer

SingularityNET Unveils Major Investment in Modular AGI Supercomputer

SingularityNET has announced a significant $53 million investment in developing a modular supercomputer tailored for decentralized artificial general intelligence (AGI).

This initiative begins with a $26.5 million allocation for the supercomputer, which will feature modular data centers from Ecoblox and cutting-edge hardware, including GPUs and processors from Nvidia, AMD, and Tenstorrent, alongside AI servers from Asus and Gigabyte.

The supercomputer’s modular design allows for flexible scaling and upgrades, a first for systems dedicated to AGI research. It is set to enhance the training of various AI models and neural networks, supporting advances in AGI and artificial superintelligence.

CEO Ben Goertzel emphasized that the investment is designed to advance continuous AGI learning and processing efficiency. The move is part of a broader trend, with global tech players increasing their investments in AI infrastructure.


READ MORE: Anthony Pompliano Moves Investment from Ethereum to Solana


Recent developments in the sector include Singapore’s $74 million funding boost for quantum and AI technologies, and Fetch.ai’s $100 million investment in enhanced computing infrastructure.

The rising demand for advanced hardware is also highlighted by Taiwan Semiconductor Manufacturing Company’s milestone as the first Asian firm to surpass a trillion-dollar market cap.

Author
Alexander Stefanov

Reporter at CoinsPress

Alex is an experienced finance journalist and a cryptocurrency and blockchain enthusiast. With over five years of experience covering the industry, he deeply understands the complex and constantly evolving world of digital assets. His insightful and thought-provoking articles provide readers with a clear picture of the latest developments and trends in the market. His passionate approach allows him to break down complex ideas into accessible and insightful content. Follow up on his content to be up to date with the most important trends and topics - stay ahead of the curve with CoinsPress.

Learn more about crypto and blockchain technology.

Glossary