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- The value of the Aptos blockchain token APT rose by 18% following the announcement.
- Aptos Labs will supply Microsoft with verified blockchain data for the training of AI models.
In an effort to enhance its artificial intelligence (AI) initiatives and enter the web3 sector, Microsoft has formed a partnership with the blockchain platform Aptos Labs. The latter will furnish Microsoft with verified blockchain data for AI model training and will manage validator nodes on the Azure cloud. The involved parties aim to leverage blockchain technology to enhance the reliability, consistency, and transparency of data generated by AI.
Mo Shaikh, the chief executive officer of Aptos Labs, stated that the primary objective of the collaboration is to address challenges faced by both organizations in their respective domains. Daniel An, Microsoft’s Global Director of Business Development for AI and web3, noted that the integration of AI into web3 applications is expected to become increasingly prevalent in the coming months and years.
Increase in Demand for Quality Data
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Additionally, the price of the Aptos blockchain token APT surged by 18% right after the announcement. However, following a brief decline, it is currently trading at $7.33 according to data from CMC.
Moreover, the need for auditable and verifiable AI-generated data is growing, and blockchain technology offers a solution to this challenge. It fosters trust in a decentralized digital economy by emphasizing the significance of blockchain in tracing data back to its source and time-stamping.
Shaikh mentioned that blockchains serve as indicators of transparency and trust, while large language models (LLMs) act as powerful content creators. This synergy enhances trust in AI-generated content and ensures the ethical advancement of AI.
The high-throughput blockchain created by Aptos Labs, capable of processing up to 160,000 transactions per second, presents a promising avenue for AI development. Companies like Microsoft, which are working on AI-related products and services, are drawn to this sector due to its rapid settlement times and low costs.
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