Summary Review: Near Protocol has announced plans to build the world’s largest open-source AI model, a project set to be 3.5 times larger than Meta’s Llama model.
Near Protocol revealed plans to create the largest open-source artificial intelligence model to date, with a massive 1.4 trillion parameters, at its Redacted conference in Bangkok, Thailand. This new model is expected to be 3.5 times larger than Meta’s current Llama model.
The project will rely on collaborative, crowdsourced research from a vast community of contributors working through the newly launched Near AI Research hub. Beginning November 10, participants can start training on an initial, smaller model with 500 million parameters, with the goal of eventually scaling up to the 1.4 trillion parameter milestone.
The development process will be organized across seven progressively complex models, and top contributors will be selected to work on more advanced stages. Near Protocol plans to monetize these models and safeguard data privacy using encrypted Trusted Execution Environments, creating a secure, evolving platform that rewards contributors as AI technology advances.
Summary Review: Near Protocol has announced plans to build the world’s largest open-source AI model, a project set to be 3.5 times larger than Meta’s Llama model.
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