Digital Currency Group (DCG) has launched a new subsidiary, Yuma, aimed at accelerating innovation in decentralized artificial intelligence (AI). Yuma focuses on supporting the development of the open-source Bittensor (TAO) network, providing resources for both startups and established companies to build projects in the rapidly converging fields of cryptocurrency and AI. Yuma is the third-largest validator on the Bittensor network, dedicated to reducing dependency on centralized machine learning models and encouraging "bottom-up" development by offering funding, technical expertise, and operational support. Bittensor is a decentralized blockchain machine learning protocol that allows users to train AI models by contributing computing power and earning TAO token rewards. DCG founder Barry Silbert stated that Bittensor will drive a wave of decentralized innovation, akin to the early days of the internet.

Digital Currency Group (DCG) has introduced a new subsidiary, Yuma, to accelerate decentralized artificial intelligence (AI) innovation. Focused on supporting the development of the open-source Bittensor (TAO) network, Yuma aims to provide startups and established businesses with the resources needed to build projects in the rapidly converging cryptocurrency and artificial intelligence sectors. Yuma, named after the consensus algorithm that powers Bittensor, is a key player in the development of decentralized AI infrastructure. The company currently has a team of 25 employees and operates as the third-largest validator on the Bittensor network. Yuma aims to reduce reliance on centralized machine learning models and encourage “bottom-up” development by providing capital, technical expertise, and operational support. Bittensor is a decentralized, blockchain-based machine learning protocol where users contribute computational power to train AI models. Participants are incentivized with TAO token payments. The network allows for independent subnets, allowing computational power to be focused on specific AI challenges.  “Just as Bitcoin revolutionized the digital ownership of assets, we are now moving to decentralized ownership of intelligence,” said DCG founder Barry Silbert, who will serve as CEO of Yuma. Silbert predicts that Bittensor will enable a wave of decentralized innovation similar to the early internet: “Just as OpenAI, Meta, and Google created walled gardens for AI, Bittensor is encouraging a Cambrian explosion of subnetworks. Over the next two decades, we expect new disruptors like Uber and Airbnb to emerge that build on this permissionless innovation.” *This is not investment advice.

DCG has launched Yuma, supporting decentralized AI innovation.