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Chromia (CHR) Activates Mimir Mainnet Upgrade, Pioneers On-Chain Storage of Vector Data
In a groundbreaking move, Chromia has successfully activated its highly anticipated Mimir mainnet upgrade. This milestone marks a significant achievement in the development of blockchain technology, as it enables on-chain storage of vector data and fosters the deployment of open-source AI models directly onto Chromia nodes.
The innovative Mimir upgrade also introduces the first-ever AI Inference Extension, empowering developers to run these powerful open-source models natively on Chromia provider nodes. This revolutionary shift in decentralized infrastructure eliminates the need for hosting these models on cloud servers like AWS, thereby reducing costs by up to 98% compared to competitors that rely on traditional surge pricing during peak demand periods.
The implications of this upgrade are far-reaching and game-changing. By allowing for on-chain storage of vector data, Chromia is poised to revolutionize industries such as finance, healthcare, and education, where the processing and analysis of large amounts of data are crucial. The ability to host AI models directly on Chromia nodes further accelerates the adoption of blockchain-based solutions, enabling the creation of decentralized applications that can seamlessly integrate AI-powered functionality.
Chromia’s commitment to innovation and decentralization will undoubtedly have a profound impact on the development of Web3 infrastructure. By providing a platform for developers to build and deploy AI-driven projects with reduced costs and increased efficiency, Chromia is empowering the global community to create new business models and experiences that were previously unimaginable.
The Mimir upgrade paves the way for the widespread adoption of decentralized AI solutions, which will transform industries and unlock new opportunities for growth and development. This significant achievement solidifies Chromia’s position as a leading player in the blockchain space, driving innovation and setting a new standard for decentralized infrastructure providers.
Source: https://u.today/chromia-chr-activates-mimir-mainnet-upgrade-pioneers-on-chain-storage-of-vector-data
