The Cloud-Based Marketplace And AI Provider Solutions Offered by Anaphora AI

afnill (25)in #anaphoraai • 3 years ago

What is AI as a Service (AIaaS)?

To make AIaaS (Artificial Intelligence-as-a-Service) solutions from a wide range of developers more easily available for enterprises and consumers, we are developing a decentralized AI platform and marketplace. Our marketplace is open to AI developers that wish to list and sell their products. All transactions will be settled in ANAPH tokens.
Using AI services from a variety of suppliers allows businesses and individuals to pay only for the resources they really employ. They will be able to save money on research and development. Providers of AI services will be able to sell their wares to a sizable and varied customer base. Suppliers of AI services and solutions will be able to post their offerings for sale and get bids from potential customers. Additionally, purchasers can publish project requirements and solution specifications for AI developers to bid on. like Fiverr or any other service marketplace. Payments will be made with ANAPH tokens. Token holders may take advantage of the Anaphora AI ecosystem, as this is an AI utility token.

Today, artificial intelligence (AI) is a hot topic in every company. AI, alas, is neither simple nor inexpensive. The cost of creating artificial intelligence software or services is high. It's also quite costly to hire programmers or developers that focus on this area. With AIaaS, businesses only have to pay for the AI services and solutions they really employ. Service providers can earn income from their offerings, while businesses that use them can save money on developing their own in-house AI solutions. Machines, developers, research, and development are all expenses they won't have to shoulder. Cloud deployment of Anaphora AI's marketplace and AI provider products. Suppliers of AI services and solutions will be able to post their offerings for sale and get bids from potential customers. Additionally, purchasers can publish project requirements and solution specifications for AI developers to bid on.

This is artificial intelligence as a service marketplace built on the blockchain. An AI model can be obtained by a client who posts an auction for providers to participate in. There are three main types of service providers: data providers (DP), who supply data sets, algorithm providers (AP), who supply cutting-edge machine learning algorithms, and infrastructure providers (IP), who supply cloud resources for the training phase. The client's needs and associated requirements (such as model accuracy) are outlined in the auction. There will be separate auctions for each service type, and any supplier will be able to participate. So, the three lucky winners are chosen as the best in three different ways, making up a trio of honorees. They'll need to work together to produce the necessary model. The AP must initially construct a functional computer infrastructure. The DP and AP will then transfer their assets to the IP over an encrypted connection. When the model has been calculated, the IP will send it back to the user. Suppliers will be compensated based on their final bids.

Analyzing the Market

The market for AIaaS (Artificial Intelligence as a Service) Worldwide, 2023–2027. The analyst has been keeping an eye on the AIaaS market, which is expected to increase from USD 28.77 billion in 2023-2027 at a compound annual growth rate (CAGR) of 40.17%. Growth in R&D spending, the popularity of cloud-based solutions, and acceptance of AI for predictive analysis are all factors fueling the industry.

The market for AI as a service (AIaaS) may be broken down into the following categories:

According to Consumers

• Retail and Healthcare
• BFSI
• Telecommunication
• Government and defense
• Others

According to Class
• Software
• Services

Goods

The decentralized Artificial Intelligence platform and marketplace that Anaphora AI plans to launch will be the company's main offering. This will open up a new revenue stream for companies delivering AI-powered services and solutions. It also makes it possible for businesses, organizations, and individuals to employ AI tools and services on a more budget-friendly, pay-per-use basis. Suppliers of AI services and solutions will be able to post their offerings for sale and get bids from potential customers. Buyers may post project requirements and details about the services or solutions they need, inviting AI developers to submit bids. like Fiverr or any other service marketplace. For transactions, the ANAPH token will be utilized. Token holders may take advantage of the Anaphora AI ecosystem, as this is an AI utility token.

The second offering from Anaphora AI is a chatbot that is trained to respond to a prompt by following the given instructions. The system is known as the ChronusGPT.

Industry scope