Bitcoin Virtual Machine Will Soon Let Users Create AI Models on Bitcoin Network
Bitcoin Virtual Machine (BVM), a Bitcoin layer 2 project, is set to launch a platform enabling users to create artificial intelligence (AI) models on the blockchain for use in crypto applications. The feature, named Truly Open AI, will allow users to monetize their AI models either per use or by selling the entire models. Storage layers for the AI models will be provided by Filecoin, Near, Avail, Polygon, and Syscoin. Despite some market experts questioning the compatibility of AI and blockchain, AI tokens are considered a promising area for crypto traders due to the expected role of AI in driving future global economic innovations. The BVM token was trading at $2 at the time of reporting, reflecting a 20% drop in line with a broader market decline.
