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. @AlloraNetwork and Solana officially announced their partnership. Allora integrated its AI system into the Solana ecosystem because the Solana ecosystem has a large number of AI Agents and DeFi applications. After the official announcement, all projects can directly access the AI prediction data features provided by Allora.
The Allora team has put a lot of effort into developing prediction data models. Especially, they have a pretty high accuracy rate in cryptocurrency price prediction tasks. Moreover, they use a "collective intelligence" mechanism, meaning multiple models work together, which is more efficient than running a single large, expensive model.
This type of service can reduce computing costs and inference latency for B2B enterprises and developers. Although the market environment is not great, @AlloraNetwork is trying to expand its existing business. Since they are also positioned in the hot AI track, it will be interesting to see what they do next in the bear market.