- Kite AI to build an EVM-compatible L1 that will power the AI economy.
- The protocol has integrated its testnet solution for AI development on Avalanche.
Decentralized Artificial Intelligence (AI) infrastructure provider Kite AI recently announced a collaboration with Avalanche to launch the first foundational AI Layer 1 blockchain. With this launch, Kite AI creates a purpose-built environment that allows AI tools, models, and data to operate in a decentralized and transparent ecosystem.
Kite Advances AI on Avalanche
According to a press release shared with CNF, Kite AI actively supports AI ecosystem growth on Avalanche. Notably, Kite AI is a selection committee member of the Avalanche InfraBuidl(AI) program.
However, through its recent collaboration, Kite AI seeks to position Avalanche as a leading blockchain for AI applications. Kite AI has integrated a scalable, decentralized AI infrastructure on Avalanche to do this.
The blockchain solution already live on testnet represents a key milestone as it is the first purpose-built Layer 1 solution for AI on Avalanche. Developers and organizations interested in exploring AI-powered blockchain applications can now utilize Kite AI’s testnet.
Kite AI CEO Chi commented, “Our testnet launch not only advances blockchain AI innovations but also introduces the next generation of AI-driven infrastructure for Web3 builders.” “With Kite AI, we’re unlocking a programmable AI value chain where developers and institutions can seamlessly build, collaborate, and scale,” Chi added.
The open-source Layer-1 blockchain is essentially built on Kite AI’s infrastructure. Proof of Attributed Intelligence (PoAI), a consensus technique that facilitates open attribution and rewards AI contributions, is the foundation of Kite AI’s infrastructure.
This approach addresses challenges related to data accessibility, attribution, and computational efficiency while maintaining decentralized AI development. The partnership also allows Kite AI to facilitate Avalanche’s scalable infrastructure for high-speed processing of AI workloads.
As a result, developers can build and deploy AI-driven applications without the constraints of traditional blockchain environments. Kite AI is a purpose-built, EVM-compatible L1 that aims to power the AI economy. The platform has raised funds from top-tier investors, including Hashed, General Catalyst, Samsung Next, and Hashkey.
Avalanche is a high-performance blockchain platform designed for builders who need to scale. As we covered in CNF’s latest report, Avalanche recently released a significant upgrade, Avalanche9000, to lower network usage fees.
Rising Blockchain Integration with AI
Integrating AI and blockchain creates an unparalleled synergy that promises to revolutionize a range of industries.
AI optimizes data processing and storage on blockchain networks, which helps to overcome inherent limitations in blockchain solutions. This includes slow transaction speeds and poor scalability.
Furthermore, AI can support the security of decentralized systems, making them more resilient against fraudulent activities.
Recognizing these benefits, BNB Chain, the community-driven blockchain ecosystem BNB Chain recently launched its AI Agent Solution. As CNF discussed earlier, the solution offers developers the tools and resources to create and scale AI agents for various real-world applications.
