Cosmoverse 24 - AI Track Highlights
Cosmoverse 24 - AI Track Highlights
Cosmoverse 24 - AI Track Highlights

Cosmoverse

Cosmoverse 24 - AI Track Highlights

Key insights from the AI Track

Seppmos

Researcher

Date

October 30, 2024

Key insights from the AI Track

TL;DR of the AI Track

- The Akash Supercloud
- The Trillion-Dollar Paradox
- DePIN, Privacy & Superintelligence
- Interchain Agents
- AI made in Cosmos
- Satellite Data Centers

Agenda of the AI Track

The Akash Supercloud

The Rise of Cloud Computing:

- Cloud infra services saw tremendous growth over the last 10 years.
- Convenience and scalability driving cloud adoption.

The Trillion-Dollar Paradox

Hyperscalers like AWS, Azure or Google Cloud have captured cloud compute (especially GPUs) leading to increased costs despite economies of scale.

Big tech firms like Palantir or Asana spend on average 50% of their cost of revenue on cloud compute.

Society is paying an invisible tax to those giant cloud providers that we are not aware of. Greg Osuri

Centralization leads to higher costs, less access, reduced innovation and eventually digital Feudalism.

Decentralized Cloud Solutions

Akash offer a solution to the problem by providing cheaper & permissionless access to cloud compute (GPUs + CPUs).

Decentralized cloud compute gives users control over their data and resources.

The Akash Supercloud can offer up to 85% cheaper access to compute compared to centralized cloud providers.

While being fully permissionless, open, and not suffering from outages or downtime since Mainnet launch, 4 years ago.

Web2 & Web3 brands building on Akash

Growth of the Akash Supercloud

- 27k leases in Q2
- 44% growth QoQ
- up 340% YoY

For more Akash network utilization stats check: Akash Supercloud

Arka Network Keynote

Arka Network is a verifiable AI execution layer and agent platform offering:

- AI agent marketplace
- IP management for AI
- Smart Contracts

Interchain Agents

Interchain agents will have a deep knowledge about the Interchain Stack. They'll be able to aggregate txs, track your PF across the interchain, send IBC txs, conduct swaps, claim and stake tokens on your behalf.

DePIN & Privacy panel

- Decentralized compute gives everyone around the world fair access but also drives down prices due to open market dynamics. Zach Horn

- The more regulation around crypto, the better it is for us. Zac Wickstrom

- The Akash team spends a lot of time in DC talking to regulators and we don't foresee any heavy regulation in the US. Regulators have more of a wait-and-see stance.

Oraichain Keynote

Oraichain is a human-centric AI built on decentralized infrastructure. It's a sovereign L1 chain built with the Cosmos-SDK. The chain offers:

- 800ms blocktime
- AI oracle & a complete DeFi suite
- EVM compatibility
- 25+ dApps building on it
- and much more

AI Made in Cosmos panel

Cosmos is the only L1 Appchain framework that works and it's perfectly suited for building DePIN projects. Akash has been live for over 4 years, and we haven't had a single unplanned outage. Greg Osuri

To build AI agents we need sovereignty and this is why ARKA chose to built with the Cosmos stack. Murthy Vitwit

Satellite Data Centers

The best place to get continuous solar power that does not require cooling is in space. There you get 30% more efficiency, 50% reduced latency to power AI data centers.

Hence, Greg thinks it's not to far in the future that we'll have data centers in space.

Superintelligence

The Evolution of Intelligence presented by Cyber.

- From stone tools all the way to cyborgs.
- Cyber will be a key contributor towards reaching superintelligence.

That's a wrap, thanks for reading folks.

We hope this article helped you stay up-to-date with the latest AI developments in the Interchain.


Disclaimer

This article is intended to educate readers about certain topics and does not constitute financial advice in any way.

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