Kite AI Launches First AI-Focused Layer 1 Blockchain on Avalanche

Quick Summary:

The first foundational AI Layer 1 blockchain has been launched on Avalanche, as per the announcement by Kite AI, a provider of decentralized AI infrastructure.

With this testnet launch, a purpose-built environment is presented where data, models, and AI tools may function in a transparent and decentralized ecosystem.

Kite AI actively supports the growth of the AI ecosystem on Avalanche as a member of the Avalanche InfraBuidl (AI) program‘s selection committee.

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Article Details

Author / Journalist: Nayazunissa

Category: Crypto

Markets: United Arab Emirates

Topics: Blockchain News Web3 Blockchain

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2025-02-06 @ 15:00:00 (13 hours ago)

News Timezone: GMT +0:00

News Source URL: thenewscrypto.com

Language: English

Article Length: 331 words

Reading Time: 2 minutes read

Sentences: 27 lines

Sentence Length: 13 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © TheNewsCrypto

News ID: 25939181

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About TheNewsCrypto

Main Topics: Crypto

Official Website: thenewscrypto.com

Update Frequency: 39 posts per day

Year Established: 2020

Headquarters: United Arab Emirates

News Last Updated: 11 hours ago

Coverage Areas: United Arab Emirates

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Publisher ID: #125

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