Cisco selects SingularityNET to host decentralized AGI project

Cisco Systems Inc. announced this morning that SingularityNET’s blockchain-based platform will host its decentralized Artificial General Intelligence (AGI) project.

AGI differs from standard AI in that it focuses on more intellectual tasks instead of automating menial tasks. So rather than just teaching a computer to identify certain words on a page, for example, an AGI system could string together sentences and write a novel.

Dr. Ben Goertzel, the chief executive officer of SingularityNET, said in a press release that Cisco and SingularityNET see the potential in building AGI together.

“The scale of the AGI deployments needed by a partner like Cisco is going to be tremendous, and we are working hard to make sure our AGI tools and our blockchain-based platform is up to the task,” he said. “This benefit may initially take the form of a generation of ‘Narrow AGI’ systems that infuse general intelligence into products in specific vertical markets like, say, advertising, medical research, computer networking or financial analytic.”

Goertzel further explained that Cisco’s place in the world’s technology landscape is what they needed to kickstart that goal.

“To really build a global decentralized thinking machine we are going to need to put a lot of complicated ingredients together, and the collaboration between Cisco and SingularityNET has the potential to accelerate things tremendously,” Goertzel said.

SingularityNET founders Cassio Pennachin and Goertzel coined the term Artificial General Intelligence in 2005.

 

Correction: A previous version of this article noted that Cisco completed the acquisition of Singularity Networks back in July. While this did happen, it does not have anything to do with the partnership with SingularityNET, which is a separate company. IT World Canada apologizes for the error.

Would you recommend this article?

Share

Thanks for taking the time to let us know what you think of this article!
We'd love to hear your opinion about this or any other story you read in our publication.


Jim Love, Chief Content Officer, IT World Canada

Featured Download

Buckley Smith
Buckley Smithhttps://www.itbusiness.ca
Staff writer for IT World Canada. Covering the world of technology as it applies to business. Buckley is an avid sports fan who loves travel, food, and music. Can be contacted at bsmith@itwc.ca or 416-290-2000.

Featured Articles

Cybersecurity in 2024: Priorities and challenges for Canadian organizations 

By Derek Manky As predictions for 2024 point to the continued expansion...

Survey shows generative AI is a top priority for Canadian corporate leaders.

Leaders are devoting significant budget to generative AI for 2024 Canadian corporate...

Related Tech News

Tech Jobs

Our experienced team of journalists and bloggers bring you engaging in-depth interviews, videos and content targeted to IT professionals and line-of-business executives.

Tech Companies Hiring Right Now