ChainCatcher news, according to Jin10, Guojin Securities stated that after the reduction of computing power costs on the inference side, "computing power equality" is expected to accelerate the landing of edge-side AI and Agent applications, while the landing applications also bring demands for network security and innovation construction. It is recommended to pay attention to domestic leading generative large models, while AI hardware is expected to become a new carrier for application landing. The refinement of AI-related functions can drive the monthly active users and payment rates of C-end applications, enhancing the market competitiveness of enterprises.

ChainCatcher news, the decentralized Edge AI infrastructure platform Network3 officially announced the establishment of a $10 million mining fund, co-hosted by the DePINX Super Node Alliance with initial funding. The aim is to promote a fairer, more efficient, and lower-cost AI development. It is reported that the fund will be used to support outstanding projects and teams within the ecosystem, including areas such as technology research and development, application implementation, and community operations, attracting more institutions to participate in POS staking mining.The fund will mainly be used for the following aspects:Technology Research and Development: To cultivate projects deployed in the Network3 mining ecosystem, focusing on three major directions: "energy-saving," "efficient," and "secure" for technological iteration, collectively leveraging the advantages of the decentralized Edge AI network to enhance usability;Application Implementation: To provide one-stop services covering industry research, product development, business expansion, and application commercialization, assisting in product implementation;Community Operations: To attract outstanding market and operational talents, plan market expansion and operational activities, and promote community-scale growth.As a leader in continuous construction within the industry, Network3 is committed to technological innovation and application promotion in the Edge AI field. By introducing a high-performance computing power network, Network3 provides users and developers with a fairer, more transparent, and efficient computing power trading platform, exploring a new paradigm for the AI computing resource market.Since its establishment, Network3 has achieved significant results in the DePIN and AI tracks, with over 620,000 global nodes covering 188 countries. By building a high-performance computing power network and massive user Edge Data, it has completed the commercial monetization loop for both supply and demand sides.Previously, the $N3 token was launched for spot trading on exchanges such as Bybit, Gate.io, and BingX at 16:00 Beijing time on January 22.Network3 completed a $5.5 million pre-seed & seed round financing on July 23, 2024. Investors include well-known VCs such as Borderless, EV3 Labs, IoTeX, SNZ, Bing Ventures, Waterdrip Capital, and Web3port Foundation.

ChainCatcher news, according to official information, the decentralized Edge AI infrastructure Network3 announced that it will take a snapshot of users at 8 AM UTC on January 21 (4 PM Beijing time). Users who have registered and bound their wallets prior to this will be eligible to receive airdrops in the future. After the snapshot is completed, software and hardware nodes will switch to producing N3C computing power tokens, which can be exchanged for the mainnet $N3 tokens.Previously, it was announced that the Network3 token $N3 will start spot trading on Bybit, Gate.io, and BingX on January 22. Currently, Network3 is holding a Pre-TGE airdrop event, with 50 million tokens as rewards to give back to the community and node users. Users can log in to the Network3 official website to complete designated tasks to receive a free airdrop quota of 40,000 points.Network3 completed a $5.5 million pre-seed & seed round financing on July 23, 2024. Investors include well-known VCs such as Borderless, EV3 Labs, IoTeX, SNZ, Bing Ventures, Waterdrip Capital, and Web3port Foundation.

ChainCatcher news, the next-generation decentralized edge artificial intelligence infrastructure Network3 announced on November 11 that its global node count has surpassed 400,000, marking the platform's ongoing growth in technological expansion and influence worldwide.As a leading Decentralized Edge AI-Infrastructure, Network3 aims to break the monopoly of large tech companies on the development and narrative of artificial intelligence, achieving the democratization of the AI industry globally. By building a decentralized federated learning framework, Network3 enables users to perform collaborative training without sharing raw data.Network3 has secured $5.5 million in funding from top-tier institutions such as Borderless, EV3, IoTeX, Mask Network, Bing Venture, Waterdrip Capital, SNZ, and Candaq. Currently, Network3 is gradually improving its network construction and business cooperation layout.

ChainCatcher news: At the R3al World DePIN Summit of Token2049 in Singapore, Rock, the founder of the DePIN & AI project Network3, announced the launch plan for its new local large language model (LLM) feature, which will significantly enhance the efficiency and performance of edge AI technology.Rock pointed out that although edge AI has deeply integrated into people's daily lives, the complexity and importance behind it are often overlooked. For example, the ability of smartphones to perform data processing tasks at night fully demonstrates the potential of edge devices to utilize idle resources for efficient computing. With the newly launched local LLM feature, Network3 will significantly optimize the efficient computing capabilities of smart devices during idle times, especially for local inference and processing without relying on cloud computing. This not only greatly reduces bandwidth consumption but also enhances data security and privacy protection.Network3 will provide strong support and vast resources for edge AI by integrating global idle edge device resources. The upcoming local LLM feature will allow users to seamlessly enjoy AI chat services on mobile devices without relying on expensive cloud computing infrastructure. Additionally, users can earn tokens by interacting with the model and customize and optimize algorithms based on personal needs, enhancing the personalized experience. According to Network3, the beta version is planned to be released in October, at which time users can download it from the official website for experience.It is reported that Network3 is helping global AI developers efficiently, conveniently, and economically perform large-scale inference, training, or validation of models by building an AI Layer2. Previously, it was announced that Network3 had completed $5.5 million in pre-seed and seed round financing, and the next round of financing has already begun, with several leading institutions participating.