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LocalAI (LOCAI) is a decentralized coin that aims to bring artificial intelligence to the masses. With its open-source software stack, LocalAI allows individuals to run their machine learning models, giving unlimited access to machine learning resources. Developers can utilize open-source models supporting up to 70 billion parameters, enabling them to run their own and community-created models directly within their code.
One of LocalAI’s key features is decentralization, giving users decentralized ownership and control over their machine learning models. By using LocalAI, developers can interact with these models via the command line, making integrating artificial intelligence into their applications easy. Additionally, LocalAI operates on the Ethereum blockchain, with its native token, LOCAI, being the cryptocurrency that powers the LocalAI architecture.
Owning LOCAI grants users access to the latest releases of LocalAI and supports the platform’s growth through multiple initiatives. With its focus on decentralization and accessibility, LocalAI aims to democratize artificial intelligence and empower developers to harness its potential.
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