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Home BREAKING NEWS

Blockchain and AI: Solana is the First Layer 1 to Integrate Artificial Intelligence with New ChatGPT Plugin

BlockNews Team by BlockNews Team
May 23, 2023
in BREAKING NEWS, BUSINESS, CRYPTO, TECHNOLOGY
Reading Time: 3 mins read
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The Solana Foundation made a significant achievement by integrating artificial intelligence with a ChatGPT plugin developed by Solana Labs. This marks Solana as the first Layer 1 blockchain to leverage AI. This integration revolutionizes the network’s usability, understanding, and overall user experience. 

The release of the ChatGPT plugin, which is now available for download on Github, demonstrates how AI can simplify the interpretation of Solana data and protocols. Users can seamlessly interact with Solana using the plugin, enabling activities like purchasing NFTs, transferring tokens, inspecting transactions, and interpreting public account data. It even assists in finding NFT collections based on their floor prices. 

Anatoly Yakovenko, Solana co-founder and Solana Labs CEO, emphasizes the significance of AI integration, stating: 

“Every dev building consumer-oriented apps should be thinking about how their app is going to be interacted with through an AI model because this is a new paradigm for telling computers what to do… AI will make Solana more usable and understandable.” 

Solana’s exceptional characteristics, including its fast throughput, near-zero costs, and user-friendly interface, provide a seamless and efficient environment for AI models to operate on the network. Consequently, Solana has become a focal point for AI innovation within the Web3 industry. 

To accelerate the integration of AI on Solana, the Solana Foundation has expanded its AI-focused strategic grants program from $1 million to up to $10 million. This grants program encourages the exploration of machine learning models interacting with Solana protocols in secure and interpretable ways. 

Furthermore, the Solana Foundation launched a 3-month accelerator program for university students. This program, Solana U, empowers students to experiment with blockchain and AI, fostering innovative solutions. 

Integrating AI into Solana has spurred significant momentum within the ecosystem as multiple projects embrace AI technology. For example, Hivemapper’s AI Trainers expedite converting real-world imagery into high-quality digital maps, and Context develops AI-powered chatbots focused on Solana and over 30 Solana ecosystem projects. 

This forward-thinking move by the Solana Foundation aligns with the evolving AI landscape. The integration of ChatGPT with Solana empowers users, developers, and non-crypto native individuals to engage with the blockchain industry in a more accessible and understandable manner. Solana’s pioneering effort in integrating AI on Layer 1 blockchains sets a new standard for user-centric decentralized applications, driving innovation within digital asset markets.

Disclaimer: BlockNews provides independent reporting on crypto, blockchain, and digital finance. All content is for informational purposes only and does not constitute financial advice. Readers should do their own research before making investment decisions. Some articles may use AI tools to assist in drafting, but every piece is reviewed and edited by our editorial team of experienced crypto writers and analysts before publication.
Tags: BlockchainChatGPTcryptoDeFiSolana
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