Near Protocol has announced its plans to build the world's largest open-source AI model, surpassing Meta's open-source model, Llama. The project will involve crowdsourced research from multiple contributors and will begin with a smaller 500 million parameter model. Near Protocol intends to use an encrypted trusted execution environment to reward contributors and plans to fund the expensive training through a token sale. However, the project requires significant resources and technology that currently does not exist.



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