Chromia has confirmed the successful launch of its Mimir Mainnet Upgrade, introducing significant advancements in decentralized infrastructure for AI, enabling vector data storage directly on the blockchain.
Importance of Vector Databases for AI
Vector databases are central to AI systems, enabling key functions such as similarity search, long-term memory, and contextual text retrieval. However, most AI projects rely on centralized services to store and manage these databases.
Advantages of Chromia's Decentralized Approach
The Mimir Upgrade provides a decentralized alternative, allowing vector data to be stored directly on Chromia’s Layer-1 blockchain. This enhances transparency, security, and control for AI developers while addressing operational costs. Internal estimates by the Chromia team suggest that their solution could reduce costs by up to 98% versus competitors by using a fixed model that eliminates surge pricing during periods of high demand.
New Features and Future Prospects
In addition to vector database capability, the Mimir Upgrade also introduces the first version of the AI Inference Extension. This extension enables open-source models like DeepSeek to run on Chromia provider nodes, offering an alternative to hosting these models on cloud servers.
By continuing to innovate and offer decentralized solutions, Chromia aims to improve the accessibility of blockchain technology for AI developers while enhancing the platform’s utility for various users and projects.
