Microsoft has partnered with blockchain platform Aptos Labs to boost its AI efforts and enter the web3 market.
Aptos Labs will use verified blockchain data to aid Microsoft’s AI model training and run validator nodes on Azure cloud. This collaboration aims to enhance AI-generated content’s credibility, reliability, and transparency
As per Aptos Labs’ CEO Mo Shaikh, the main objective of this partnership is to address industry-specific challenges through collaborative problem-solving.
In the coming months and years, Microsoft’s Global Director of Business Development for AI and Web3, Daniel An, anticipates more integration of AI in web3 products.
Following the news, Aptos blockchain token APT surged by 18%, currently valued at $7.79. Blockchain solves the rising demand for transparency and validation in AI content.
It highlights blockchain’s role in timestamping and attributing content to its source, promoting legitimacy in a decentralized digital market.Shaikh points out that large language models (LLMs) are effective content creators, and blockchains symbolize trust and transparency.
This combination facilitates ethical AI development while bolstering consumer confidence in AI-generated information. Aptos Labs’ high-throughput blockchain, capable of processing up to 160,000 transactions per second, presents an appealing option for AI training.
Major IT firms like Microsoft are drawn to its fast settlement times and cost-effectiveness for AI-related products and services. The partnership also aims to bridge the gap between web3 technology and established IT companies, simplifying the creation of smart contracts.
Tools like GitHub Copilot integration and Aptos Assistant, a chatbot connecting Web 2.0 and Web 3, facilitate access to decentralized technologies.
The collaboration with Aptos Labs aligns with Microsoft’s ongoing exploration of the transformative potential of blockchain and AI and their shared goal of democratizing access to these technologies.
Microsoft continues to innovate in the AI space, expanding the capabilities of Bing AI beyond Microsoft Edge and the Bing mobile app. Soon, users can leverage Bing Chat, accessible through third-party online and mobile browsers, to enjoy AI-powered search functionalities.
