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1/ Today we're unveiling the story behind BitQuant - the world’s first open-source crypto AI quant. Live on Openτensor Foundaτion as Subnet 15. See what 1.5 million users already know:

12,209 views • 1 year ago •via X (Twitter)

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🔴 This is REALLY important to understand Why is MyShell.AI building a subnet on Bittensor? EllioTrades and Ran Neuner have been talking this up recently. They see the impressive list of backers. What is curious, Ellio says, is that they haven't yet released a token. But what if they didn't need to? They've raised capital from some of the brightest minds and biggest funds in the space: Balaji, Sandeep | CEO, Polygon Foundation (※,※), Delphi Ventures, etc. Now they can focus on what they do best: create the 1st decentralized AI consumer layer... and plug it directly into Bittensor. MyShell knows that TTS (text-to-speech) is an emerging AI technology that will play a vital role in many different practical applications, such as converting content into podcasts and audiobooks, translations, customer service, etc. They have a team led by Zengyi Qin with talent from MIT, Oxford, and Princeton. They have already created two open-source models: OpenVoice and Melo TTS. In other words, they are established, have capital, and have a strong team. And they are joining forces with Openτensor Foundaτion behind the scenes. Their subnet will make Bittensor's incentive mechanism available to their existing community of 1 million users and 50k creators. Think about how this synergy works. MyShell is sharing their existing model and consumer base with Bittensor, giving it a broader scope. In return, Bittensor is enabling the evolution of ML models and a vastly improved user experience for millions of people. $TAO will be seamlessly powering the collaboration from behind the scenes. In MyShell.AI's words: Looking ahead, our mission as an AI consumer layer harmonizes with the decentralized incentive system of Bittensor. Our goal is to create a collaborative environment where everyone can contribute, benefit, and engage with open-source models, ultimately empowering millions.

Sri

20,428 views • 2 years ago