Latest Phoenix News

The rapid evolution of artificial intelligence (AI) technologies, particularly in the realm of large language models (LLMs) and AI-generated content, necessitates a corresponding advancement in decentralized storage and computing infrastructures. Recognizing this critical need, Crust Network has announced its partnership with the Phoenix AI Ecosystem as the first decentralized physical infrastructure network (DePIN) storage-focused partner. This collaboration aims to enhance the capabilities of decentralized storage, which is essential for supporting the data requirements of AI applications, thereby fostering a more robust DePIN infrastructure. Crust Network operates as a layer 1 blockchain built on substrate, incentivizing the creation and utilization of storage orders and nodes on the InterPlanetary File System (IPFS). With over 1,000 global nodes and a total storage capacity exceeding 700 petabytes, Crust has established itself as a leading decentralized cloud storage solution. The partnership with Phoenix AI will provide Crust with access to idle compute resources through Phoenix’s SkyNet AI Node Network and SkyNet Elastic Compute. This integration not only expands Crust's ecosystem beyond storage nodes but also enhances its ability to support AI-driven workloads, thereby accelerating the growth of DePIN infrastructure. In addition to accessing compute resources, Crust Network will offer enhanced AI storage solutions by integrating with SkyNet. This partnership provides an alternative decentralized storage option alongside Filecoin for Phoenix AI’s models and datasets, granting AI developers greater flexibility and resilience in managing critical data. Phoenix AI itself is a decentralized elastic compute infrastructure designed for the seamless training and deployment of next-generation AI applications. Through this strategic alliance, Crust Network and Phoenix AI are poised to redefine the landscape of AI infrastructure, ensuring that storage and computing capabilities evolve in tandem with technological advancements.

China Mobile's digital content subsidiary, Migu, has announced a strategic partnership with Phoenix, a decentralized AI infrastructure platform, to enhance its applications in the metaverse and gaming through scalable AI-generated content (AIGC) infrastructure. As the largest wireless carrier in China, serving over 1 billion users, Migu caters to more than 900 million users across its diverse offerings, including video streaming, gaming, and music apps. This collaboration aims to leverage AIGC capabilities to create innovative and immersive digital experiences, which have become a focal point for Migu in recent years. The integration of AI-powered content into the metaverse and gaming sectors presents significant challenges, requiring a robust combination of AIGC models for images, 3D content, and videos, alongside a scalable AI compute infrastructure. Phoenix's DePIN-based elastic AI compute layer, known as SkyNet, along with its ready-to-use AIGC modules within Phoenix GenAI, provides a comprehensive solution for real-time AIGC capabilities. These include functionalities such as text-to-image generation, AI-to-3D conversions, and interactive non-player characters (NPCs) powered by large language model (LLM) chatbot technology. Moreover, the open API platform as a service (PaaS) layer of Phoenix GenAI allows Migu's extensive app ecosystem to access and customize AI-generated content on a large scale, catering to its vast user base. One notable application of this partnership could be the creation of AI-generated NFTs within Migu's metaverse applications, showcasing the potential of AIGC in enhancing user engagement and experience. This collaboration marks a significant step forward in the integration of AI technologies within the digital content landscape, promising to reshape the future of interactive entertainment.

TAO, RNDR, FIL, ICP, EGLD, WMT, DIONE, HOT, AR, and AKT are the top DePIN projects based on social activity according to Phoenix Group. TAO leads the list with 7.2K engagement posts and 1.0 million interactions. Following closely, RNDR, FIL, and ICP secure the next positions. AKT ranks last with 2.5K engagement posts and 279.5K interactions. The rankings are determined by factors like engaged posts, interactions, upvotes, retweets, comments, and likes.