Original author: Filecoin Network
Recently, Fast Company included Filecoin Network in its fourth annual list of the next big things in technology, which focuses on recognizing emerging technologies that have a profound impact on industries such as education, sustainable development, robotics, and artificial intelligence.
This year, 138 technologies developed by established companies, startups or research teams were selected for their potential to revolutionize consumers, businesses and the lives of the general public. Filecoin was recognized for its continued role as a key component of Internet infrastructure and its continued empowerment of decentralized artificial intelligence.
How Filecoin shapes the future of AI
As the artificial intelligence industry develops rapidly, according to the latest State of AI Report , the valuation of the artificial intelligence industry has now reached 9 trillion US dollars, and Filecoins decentralized storage network provides an open source alternative for data storage.
Decentralization and Resilience: The integrity of AI depends on transparency in its development and data usage, so decentralization is critical to a more resilient, trustworthy digital future. However, today’s internet landscape is dominated by centralization, with a handful of companies controlling the majority of the world’s cloud data. This concentration of power leaves networks vulnerable , exposing information to single points of failure like outages, power outages, and downtime. Today, AI faces the same risks as major developers increasingly lock down their code and data. Filecoin offers a compelling alternative to these centralized models by enabling decentralized and transparent data storage, and strengthening trust while strengthening the resilience of digital infrastructure.
Immutability and provenance: The accuracy and trustworthiness of AI models are rooted in the integrity of the data they are based on. To create a secure, transparent, and trustworthy environment for the development of AI, it is necessary to consider the source of these massive amounts of data, how and where they are stored, who can access them over the long term, and how AI models use them. The Filecoin network is uniquely positioned to address these challenges by enabling decentralization and transparency, creating an auditable and tamper-proof way for AI projects to verify their models, datasets, and calculations.
Flexibility and Scalability: Additionally, at a time when tech giants are investing billions of dollars in additional storage infrastructure to meet growing market demands , Filecoin is designed to accommodate petabyte-scale or even exbibyte-scale storage and is at the forefront of enabling decentralized computing.
The Filecoin network is the backbone of a better version of the web. Data storage is fundamental to the way the internet works, and it is fundamental to the trustworthiness and integrity of AI systems. Read more about how decentralized AI and data storage can build trust in the AI space here.
Learn how AI organizations are using Filecoin
The Filecoin Foundation (FF) recently announced partnerships with SingularityNET, Theoriq, Bagel, Nuklai, and Aethir , each of which highlights the versatility of the Filecoin network as decentralized AI infrastructure. The Filecoin network’s decentralized infrastructure provides the foundational layer that enables AI applications to scale efficiently, securely, and transparently.
SingularityNET: SingularityNET and FF are working together to improve the security and provenance of decentralized data storage by storing metadata on Filecoin via Lighthouse.
Theoriq: FF and Theoriq are developing AI agents trained on open datasets stored on Filecoin, including an existing project that supports natural language queries on Filecoin documents and a proposed project that leverages a declassified CIA dataset for efficient and verifiable research.
Bagel: FF is working with Bagel to enable AI developers to use Filecoin’s decentralized compute and storage network to train and store models, optimize resource utilization for machine learning workloads, and drive adoption of decentralized infrastructure.
Nuklai: Nuklai has integrated Filecoin to make metadata publicly accessible and is exploring using Filecoin as a core storage cluster for enterprise use cases, providing secure, permanent, and decentralized data storage.
Aethir: Aethir and FF are working together to focus on solving GPU scarcity and strengthening AI-driven data security. Aethir announced support for the Filecoin network, providing advanced GPU leasing capabilities to improve data processing and storage efficiency.
“The Next Big Thing in Tech offers readers a fascinating look at both near- and long-term technological breakthroughs in fields ranging from semiconductors to gene editing in agriculture,” said Brendan Vaughan, editor in chief of Fast Company. “This year’s list of companies is tackling some of the world’s most pressing and vexing problems.”
About Fast Company
Fast Company is the only media brand dedicated entirely to the intersection of business, innovation, and design, engaging the most influential leaders, companies, and explorers involved in the future of business. Editor-in-Chief Brendan Vaughan is based in New York, USA, and is published by Mansueto Ventures LLC and our sister publication Inc., and can be found online at fastcompany.com.
