PANews news on April 14th, according to CoinDesk, Scott Stuart, co-founder of Kava Labs, stated that decentralized AI has utility and long-term potential, not a short-term Non-Fungible Token bubble. After transforming from DeFi, Kava launched an AI platform and market, including a blockchain-native chatbot driven by the DeepSeek R1 model and decentralized GPU infrastructure, becoming one of the few projects outperforming the market in the AI track. Stuart emphasized that open-source transparency will be key to future AI development, rejecting closed black-box models.
Kava Co-founder: Decentralized AI has long-term value, different from NFT hype
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