Qtum Foundation plans to use 10,000 Nvidia GPUs to support its AI Web3 initiative

PANews reported on April 18 that according to Venturebeat, the Qtum Foundation will provide 10,000 GPUs online to support its new blockchain artificial intelligence ecosystem. Qtum COO and co-founder Miguel Palencia said in an interview that the project, which has some Nvidia 3000 series GPUs, will transform from a cryptocurrency mining operator to an AI chatbot and image operator.

The Qtum Foundation’s GPUs will power the Quantum AI initiative, the first phase of which includes Qtum Solstice, a conversational chatbot similar to ChatGPT based on open source models, and Qtum Qurator, a text-to-image generation model similar to Midjourney. Once the first phase is deployed, the Qtum Foundation will immediately begin improving the product's underlying technology. Miguel Palencia said that the next two phases will include the modeling layer and finally the decentralized economic layer, which will bring everything on the Qtum blockchain together.