Qtum Foundation Takes AI Industry by Storm with Acquisition of 10K GPUs

Singapore-based Qtum Foundation has acquired and implemented 10,000 Nvidia GPUs to power their AI initiatives, including "Solstice," a conversational chatbot, and "Qurator," a text-to-image generation model. This move marks the foundation's entry into the AI field and aligns with their goal of providing cutting-edge technology. With access to advanced hardware, Qtum plans to develop and offer various AI features, from keyword-based image/video generation to intelligent image recognition and AI-based filters. Basic access to these services will be free, while premium features will utilize Qtum tokens.

Qtum Foundation Powers AI Revolution with Acquisition of 10,000 Nvidia GPUs

Singapore, Singapore – April 22, 2024

The Qtum Foundation, renowned for its groundbreaking blockchain platform, has taken a bold stride into the future of artificial intelligence (AI) by acquiring a formidable arsenal of 10,000 Nvidia GPUs. This strategic investment will propel the development and deployment of a suite of cutting-edge AI initiatives that promise to transform the technology landscape.

Unveiling Qtum Solstice and Qurator

As the cornerstone of its AI strategy, the Qtum Foundation unveils two transformative products:

• Qtum Solstice: A highly capable conversational chatbot on par with the lauded ChatGPT, leveraging open-source models to engage users in intelligent and engaging dialogue.
• Qtum Qurator: A state-of-the-art text-to-image generation model akin to Midjourney, also harnessing the power of open-source models. Artists, designers, and content creators can now effortlessly conjure images that would otherwise require painstaking manual labor.

A Multifaceted Approach to AI Dominance

The Qtum Foundation's foray into AI is meticulously crafted around a comprehensive three-stage rollout plan, with the current deployment marking the first pivotal phase. Beyond the chatbot and image generator, subsequent stages will unveil a modeling layer and a decentralized economy layer, seamlessly integrating AI into the Qtum blockchain.

Propelling this ambitious roadmap is the Qtum Foundation's unwavering commitment to innovation. The team has diligently跟踪 the evolution of AI, amassing profound technical expertise in four key domains:

• Intelligent Dialogue: Mastering the complexities of knowledge base question-and-answer systems, text-based games, and beyond.
• Speech Generation: Bridging the gap between text and speech, enabling cross-language conversations and unlocking the power of natural language understanding.
• Image Generation: Redefining visual expression through text-to-image conversion, image enhancement, and a myriad of AI-driven image manipulation techniques.
• Video Generation: Transforming the video landscape with face-swapping, animated illustrations, and resource-intensive video manipulation technologies.

Harnessing these cutting-edge technologies, Qtum's AI capabilities extend far beyond the realm of basic keyword-based image and video generation. The team envisions a future where:

• Users can engage in emotionally intelligent voice-based conversational bots that intuitively grasp their intentions and respond with empathy and understanding.
• Intelligent image recognition empowers users to effortlessly identify content, sort images, and detect specific traits with unparalleled accuracy.
• AI-powered filters and photo effects unleash limitless creative possibilities, far surpassing the static offerings of social media platforms.

Decentralized AI: A Paradigm Shift

Leveraging the decentralized nature of Qtum's nodes, the Foundation intends to open-source AI models, inviting the community to contribute their ingenuity and expertise. This collaborative ecosystem will foster the development of even more innovative AI products that address real-world challenges.

In the coming months, the Qtum Foundation plans to introduce up to 10 additional AI-related products to fully harness the power of its 10,000 GPUs. This extraordinary computing capacity will also serve as a beacon for potential partners seeking collaboration and joint development.

Premium Features and Token Integration

While basic access to Qtum AI services will be complimentary, the Foundation plans to offer premium features tailored to specific needs. These could include renting increased computing power or utilizing Qtum tokens for blockchain-based intellectual property protection.

Qtum: A Proven Leader in Blockchain Innovation

The Qtum Foundation has a well-established track record of delivering cutting-edge solutions that outpace the promises of other projects. In 2017, the Qtum Blockchain introduced an EVM-compatible smart contract platform with native UTXO support, staking capabilities, and dynamic gas fees and block sizes – all without compromising decentralization or incurring a significant carbon footprint.

About Qtum

Qtum is a pioneering blockchain platform that seamlessly merges the unyielding security of Bitcoin with the smart contract capabilities of Ethereum. Its unwavering focus on decentralized governance, speed, and energy efficiency has positioned Qtum as a leader in the industry. The platform's robust governance model empowers the community to adjust key parameters like gas costs and block size through smart contracts, ensuring flexibility and adaptability. Qtum's network boasts a transaction capacity of approximately 1100 transactions per second, with the potential to scale to millions or even billions of transactions per second through layer-1 and layer-2 solutions. The platform employs a proof-of-stake consensus mechanism, allowing users to participate in the network even with low-powered devices or offline operation.

Website: https://qtum.org/

CoinMarketCap: https://coinmarketcap.com/currencies/qtum/

Twitter: https://twitter.com/qtum

Contact:

Miguel Palencia

foundation@qtum.org