AI CRYPTO (AIC) is going to make an announcement on the AI blockchain project on October 8, 2018 (Seoul time) that it has commercialized the world’s first Dapp (Decentralized Application) using AI. Artificial intelligence companies can use the service at AIC Deep Learning homepage (http://dl.aicrypto.ai), and will be open to the public on October 8, 2018.
AI CRTYPTO is developing a technology that applies the GPU distributed processing technology to the mining pool to connect blockchains so that a large number of mining pools can use the GPU for artificial intelligence development. Currently, GPUs for deep learning are very costly while the profits of mining pools using the same GPU is very low. The price difference is more than 50 times. For Deep Learning developers, they can offer GPUs at a lower price, and higher profits for mining pools.
Until now, AIC has a better development performance in terms of time efficiency than the AI deep-learning service provided by the global enterprise Amazon AWS, and the price is only one tenth of AI deep-run service. AIC Deep Learning already has more than 100,000 GPUs.
Recognizing for its unique technology, AIC has entered into a partnership with Shinhan Financial Group, which has sales of US$30 billion. In addition, it has acquired more than 20 companies including AI, VR, and PinTech as clients. The GPU service market for deep learning is already in a large market size and is expected to grow to $2 billion in 2018 and $7 billion in 2023