Neo, a leading blockchain platform, has announced a new partnership with Phoenix, a decentralized AI infrastructure provider. The collaboration aims to explore how artificial intelligence (AI) can accelerate blockchain technology and drive mass adoption on the Neo X platform.
Phoenix’s ecosystem consists of two main components: SkyNet and Phoenix LLM. SkyNet is an elastic computer layer that offers scalable workflow tools, quick deployment features, and AI compute capabilities. Phoenix LLM, on the other hand, is a customizable large language model platform that can process and generate text similar to that produced by humans.
The Phoenix team is focused on developing solutions for various industries, including markets and trading, research and knowledge, gaming and metaverse, financial services, Internet of Things (IoT) and edge computing, and cloud computing. They have already secured partnerships with industry giants such as Binance, Tencent Cloud, Alibaba Cloud, and Alchemy Pay.
Under the partnership, Neo and Phoenix will explore various use cases utilizing Phoenix’s solutions. SkyNet will offer AI computing services for the Neo ecosystem, while Phoenix will enable AI content generation for NFTs (non-fungible tokens), GameFi, and metaverse applications. Additionally, Phoenix’s AlphaNet will provide AI trading signals for decentralized exchanges in the Neo ecosystem. Flamingo Finance, an existing player in the Neo ecosystem, is also in discussions with Phoenix to leverage AI in enhancing its platform.
It’s worth noting that Phoenix has a history in the Neo ecosystem. Originally, the team launched Red Pulse, a market intelligence platform connecting Western investors with insights on China’s capital markets, in 2017. In 2019, they introduced the Phoenix product, incorporating machine learning and natural language processing to match insights and industry experts with clients. The platform gained significant traction, attracting freelance contributors and expanding its services to retail and institutional clients. In 2021, in preparation for the launch of Neo N3, the team transitioned its support from Neo Legacy to Binance Smart Chain.
With this partnership, Neo and Phoenix aim to leverage the power of AI and blockchain to create innovative solutions and drive adoption in the decentralized ecosystem.