Governance Proposal

We’re proposing (and seeking community funds for) training a foundation AI model on Akash Network, resulting in an “Akash'' named open source AI model, archived/ shared on Huggingface. The full details can be found in the original Github discussion thread here.

• Benefits to the Akash community include:
  • Demonstrating that AI model training can be conducted on Akash’s decentralized cloud platform.
  • Attracting AI and ML developers (web3 and web2) to the platform.
  • Positioning GPU providers for success, following the mainnet launch (by generating demand).
  • Rounding out AI use cases, by adding model training (Inference and fine tuning have already been demonstrated in the testnet).
  • Strengthening Akash Networks’ open source commitment by building and contributing an open source AI model to the broader OSS community.
• This is a funding proposal asking for $48,000, which is 54,055 AKT (at the 30 day moving average price as of October 5, 2023 of 0.88798). Since the duration of the incentives in this initial experiment is long (3-6 months), using an average price mitigates some of the volatility.
• Any unspent funds at the end of the experiment will be returned to the community pool OR used towards future tenant/provider incentives ONLY. In the event of a shortfall, OCL will cover the difference to avoid tapping into the community pool again. The wallet that holds the funds, will be akash1ajwyre772xyu8m94j7prtvz57w020aqnpf62lx.