Near Protocol plans to develop a large open-source AI model with 1.4 trillion parameters, surpassing Meta's Llama model. The project will use crowdsourced research and development, with contributors starting on a smaller model. Seven progressively larger models are planned, funded through token sales. Near Protocol aims to monetise the models, reward contributors, and decentralise AI technology to prevent single-company control.

**For AI-focused companies and tech startups:** You're facing potential disruption. Near Protocol's open-source approach could democratize access to large AI models, challenging your competitive advantage. Consider how you'll differentiate your offerings beyond model size. **For data-rich organizations:** You have a unique opportunity. Contributing to Near Protocol's project could give you early access to powerful AI capabilities without the full cost of in-house development. Evaluate how this aligns with your AI strategy and data governance policies. **For all businesses:** Prepare for a shift in the AI landscape. This project may accelerate the commoditization of large language models. You'll need to focus on unique applications and integrations rather than raw model capabilities to stay competitive.

Expect a surge in AI-driven innovation across industries. Near Protocol's approach could lead to more diverse and specialized AI models, tailored to specific sectors or tasks. You'll likely see new AI-powered products and services emerging at a faster pace. This democratization might also spark regulatory attention. Prepare for potential changes in AI governance and data protection laws. The project's success could reshape the AI industry's power dynamics, potentially weakening the dominance of tech giants. Keep an eye on how this affects your partnerships and competitive landscape. Long-term, this initiative might accelerate the development of artificial general intelligence. Start considering the ethical implications and potential societal impacts now to future-proof your business strategies.