Solana Integrates AI With ChatGPT Plugin
The Solana Foundation has made a groundbreaking announcement, revealing the integration of artificial intelligence (AI) via the ChatGPT plugin on the Solana blockchain. This integration marks Solana as the first layer-1 blockchain to incorporate the ChatGPT plugin, which is now available for download on Github.
2/ @SolanaFndn has also expanded its grant program encouraging the use of AI and the blockchain, expanding it to a $10m fund.https://t.co/OaMecVqRc4
— Solana (@solana) May 23, 2023
Developed by Solana Labs, the ChatGPT integration serves as a reference point to showcase the potential of AI in enhancing the development of Solana’s data, protocols, computing infrastructure, and decentralized finance (DeFi) projects.
The plugin offers a range of functionalities, enabling users to purchase non-fungible tokens (NFTs), execute token transfers, examine transactions, analyze public account data, and search for NFT collections based on floor prices. With Solana known for its speed and minimal costs, it provides an ideal environment for AI development.
To further boost the adoption of AI on the platform, the Solana Foundation has increased the funding for its AI-focused strategic grants program. Originally set at $1 million, the program now offers up to $10 million, incentivizing the exploration of use cases involving machine learning models interacting securely with Solana protocols.
Solana’s Grants Program
Already, the rolling grants program has received 50 applications, inviting both new and existing projects to apply for funding. Additionally, the foundation has initiated a three-month-long accelerator program tailored specifically for university students. The program has garnered an overwhelming response, with numerous project proposals and contributions submitted.
This announcement follows closely on the heels of OpenAI’s entry into the app world with ChatGPT on May 19, which caused AI-based crypto tokens like Render (RNDR) to experience a significant surge in price.
The integration of AI on the Solana blockchain opens up new possibilities for developers and users, offering advanced functionalities and paving the way for innovative AI-driven projects within the Solana ecosystem. With increased funding and accelerator programs, the Solana Foundation is committed to fostering AI development and pushing the boundaries of what can be achieved through the convergence of blockchain and artificial intelligence.