Coinbase, NEAR, Others Form Alliance to Develop Open AI Services
A new alliance, the Open Agents Alliance (OAA), has been formed by several prominent players in the cryptocurrency and blockchain spaces. This alliance includes NEAR AI, the AI and payments divisions of Coinbase, and other blockchain and AI projects.
The primary goal of the OAA is to deliver open AI services by combining their infrastructure. The alliance aims to “ensure secure, open source, economical, and fair AI access.”
The participating organizations intend to offer their combined infrastructure, including things like AI agent frameworks, cloud hosting, and on/off-ramps for both fiat and cryptocurrency. This will allow developers to create and launch their own AI tools.
This initiative is part of a broader trend among crypto and blockchain projects, who are seeking to capitalize on the expanding influence of AI. These projects aim to enhance transparency and fairness through decentralization.
According to an announcement made on Thursday, the alliance’s objective is to “ensure secure, open source, economical, and fair AI access.” This collaboration underscores the growing synergy between blockchain technology and the evolution of artificial intelligence, potentially opening new avenues for innovation and development in both sectors.
