In a remarkable turn of events over the weekend, Internet Computer (ICP) emerged as one of the crypto market’s most active gainers, registering over 13% in gains within a span of 24 hours. This surge is attributed to the groundbreaking strides the project has been making, particularly in the realm of Artificial Intelligence (AI) on blockchain technology.

Dominic Williams, the CEO and Chief Scientist of ICP’s parent company DFinity, recently took to social media platform X to unveil DFinity’s latest innovation in AI. Williams showcased the world’s first blockchain-based AI smart contract, a move that marks a significant milestone for the integration of AI with blockchain technology. This demonstration, as Williams highlighted, signifies the beginning of AI becoming the core of a web3, multi-chain world.

DFinity’s mission with Internet Computer AI is ambitious, aiming to enable Large Language Models (LLMs) to run as tamperproof, unstoppable, and optionally autonomous smart contracts on the ICP. While the code for this innovative AI smart contract is not yet available, plans are underway to allow developers to transfer it to the public network, promising a future where transactions can harness even greater computational power.

Furthermore, the Internet Computer AI is set to undergo further optimization, particularly for its inference engine, to enhance efficiency, speed, and reduce operational costs. The team is also exploring the integration of Single Instruction, Multiple Data (SIMD) instructions to boost the system’s performance, hinting at a transition to a more powerful 64-bit environment.

The integration of AI with blockchain as showcased by ICP’s latest developments not only enhances the technological capabilities of blockchain but also paves the way for its application across various sectors including sports, health, and education. This move by ICP is indicative of the broader trend of AI’s growing influence across industries.

Amidst this flurry of activity, crypto enthusiast “John Tuld” has sparked a debate within the digital asset community, comparing ICP’s trajectory to that of Chainlink (LINK) and suggesting that ICP could surpass established giants like Ethereum and Chainlink in terms of growth and technological advancement. Tuld’s comparison draws attention to the often-underestimated potential of disruptive technologies in the face of initial skepticism.