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Follow on Google News | DeepBrain Chain Announces AI TestNet To Commence In AugustBy: DeepBrain Chain The meeting also attracted representatives from famous European automakers, the High-Performance Computing Center at Stuttgart University, German universities and research institutes. Dr. Dongyan Wang, Chief A.I Officer and Dr. Hongquan Jiang, Chief AI Consultant at DeepBrain Chain, and Jane Wang, CMO of OneGame, a DeepBrain Chain ecosystem partner were also present. Cutting AI computing power costs by 70% Dr. Wang introduced the DeepBrain Chain project and its latest developments and showcased recent successful real-life AI training on the DBC Testnet. He announced that the "DBC AI Training Net" will be live on August 8th. After that, AI companies will be able to do AI training on DBC nodes and pay DBC tokens to purchase computing resources. Providers of computing power will be rewarded with DBC. He also said shipping of DBC AI Miners will start in October and that by the end of October, DBC MainNet (the DBC public chain) will be launched. Experts from different industries envisioned how the combination of AI and blockchain can be applied in transportation, empowering the next generation of computing. The event was livestreamed on DeepBrain Chain's Youtube Channel. Revolutionizing traditional industries with DBC tokenomics Since 2012, demand for AI computing power has increased more than 300,000 times. This exponential growth has become a bottleneck constraining AI's development. DeepBrain Chain pools together globally scattered low-cost computing power and provides a complete AI solution. Companies can buy cheap computing power using DBC on the DeepBrain Chain platform, saving up to 70%. They can also buy and sell AI training models and AI data, making the DBC platform a robust closed-end ecosystem. Empowering autonomous driving with "Blockchain + AI" Until now, the DBC platform has successfully run MNIST, NLP, voice recognition, autonomous driving, robotic arms maneuvering, defect inspection for smart manufacturing, oncology testing and satellite detection models on its Testnet. On June 23rd, Dr. Hongquan Jiang, partner at Robert Bosch Venture Capital GmbH (RBVC) announced he would serve as DeepBrain Chain's chief A.I consultant. Over the past decade, Dr. Jiang has invested in IoT, AI, reinforced reality, car and blockchain, and led RBVC's investment in IOTA. "In an age when AI is taking off so quickly, DeepBrain Chain's decentralized cloud service based on the blockchain can transform the whole AI industry dynamic, resulting in unprecedented efficiency," Dr. Wang explained that autonomous driving requires tremendous computing power support. With DeepBrain Chain's steady supply of cheap and reliable computing power, car companies will find themselves spending much less in R&D. DeepBrain Chain therefore has wide applications in unmanned driving. DeepBrain Chain has developed quickly. After the MainNet launch, it will provide complete DApp solutions to provide support for AI companies, ranging from AI computing power, AI data protection to AI models and algorithm trading. About DeepBrain Chain: DeepBrain Chain is the world's first AI computing platform driven by blockchain. Its vision is to build a ''Decentralized AI Cloud Computing Platform'' and become "The AWS of AI.'" It's committed to becoming the world's largest decentralized AI computing platform to provide high-performance computing power and data privacy protection for AI companies and all users with AI needs. Website：www.deepbrainchain.org Reddit： https://www.reddit.com/ Twitter：https://twitter.com/ Telegram：https:// Wechat：LivenFuture End
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