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Solana integrates AI into blockchain, raises grants fund to $10M

Nosis News by Nosis News
May 24, 2023
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The open source ChatGPT plugin that is part of Solana can be obtained from GitHub.

On May 23, the Solana Foundation, which is in charge of maintaining and development of the Solana blockchain, disclosed the incorporation of artificial intelligence (AI) via a ChatGPT plugin created by Solana Labs. The plugin, which is down loadable from GitHub, intends to improve comprehension of DeFi projects, computing infrastructure, Solana data, and protocols.

The ChatGPT plugin presently provides a number of capabilities, including the ability to locate NFT collections based on floor price on Solana, make NFT purchases, transfer tokens, review transactions, and interpret public account data.

Anatoly Yakovenko, a co-founder of Solana, underlined how crucial it is for programmers to think about incorporating AI models into consumer-focused apps because doing so creates a new paradigm for computer interaction.

Increased Funding for Solana and AI Grants

A rise in grant funding for projects looking at how the Solana blockchain and AI interact has been announced by the Solana Foundation. The foundation’s dedication to encouraging innovation and cooperation in this new field is shown by the expansion of the original $1 million pledge to $10 million.

50 proposals have already been submitted for the rolling awards program for Solana and AI projects, demonstrating the high level of interest and potential for cooperation in utilizing the capabilities of AI inside the Solana ecosystem.

Related: Solana Labs’ ChatGPT plugin allows AI to fetch blockchain data

Tags: AIBLOCKCHAINFundingSolana

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