Open Launches Open Virtual Machine (OVM): Enabling First Truly Open AI on Arbitrum
Open accelerates the Open Web with information abstraction and compute abstraction, has partnered with Arbitrum, Ethereum’s top Layer 2 solution, to bring the Open Virtual Machine (OVM) to Arbitrum. OVM powers Arbitrum with verifiable, on-chain AI capabilities, providing transparent, scalable compute for data-intensive dApps. From AI training to scientific simulations and complex financial algorithms, OVM enables sophisticated decentralized applications with off-chain compute, securely validated on-chain.
With OVM, this positions Arbitrum as a pioneer in on-chain AI training ground, bridging blockchain’s decentralization and immutability to verifiable and limitless computation.
OVM as the Wormhole for Complex Compute
OVM serves as a bridge between blockchain’s on-chain resources and the power of off-chain compute, enabling blockchain networks to run sophisticated applications like decentralized AI and secure automation. By leveraging OVM, blockchains like Arbitrum can now support advanced computations, unlocking new possibilities for high-performance, decentralized ecosystems.
Built with a modular architecture, OVM combines Open Node’s data structuring and translation expertise with Arbitrum’s high-throughput environment to offer decentralized applications and scalable access to external computing power.
This architecture supports a broad range of use cases, from AI-driven decentralized apps to complex financial models, all while preserving the transparency, trust, and verifiability of on-chain operations.
- On-Chain AI and Machine Learning: OVM enables resource-intensive AI and ML computations on-chain, supporting advanced dApps like predictive models and personalized recommendations while maintaining transparency.
- Complex Financial Modeling: Ideal for DeFi applications, OVM allows for risk assessments, yield optimizations, and real-time derivatives pricing with verifiable and scalable compute, bringing institutional-grade modeling to decentralized finance.
- Gaming and Metaverse Simulations: OVM provides the computational power for real-time simulations, NFT generation, and complex in-game economies on-chain, enhancing the trust and security of assets in decentralized gaming and virtual worlds.
AI Lego Paradigm
“With the Open Virtual Machine (OVM), our partnership with Arbitrum brings a new paradigm to on-chain computation,” said Joshua, Founder of Open. “OVM offers a decentralized, verifiable infrastructure that gives blockchain applications access to powerful verifiable off-chain compute, paving the way for groundbreaking Web3 capabilities.”
OVM extends blockchain’s functionality by enabling trusted off-chain compute, allowing networks to securely harness external computing power while preserving blockchain trust and verifiability. Through its modular and scalable design, OVM enables applications to be combined and configured like Lego blocks, whether for AI models or data processing.
Future with AI in Blockchains
The partnership between Open and Arbitrum for OVM opens the door to even more ambitious possibilities, with OVM capable of extending the reach of on-chain AI and verifiable compute across the broader Web3 ecosystem and networks. While further details remain undisclosed, hints of OVM’s adaptability to other innovative decentralized institutional applications have generated significant interest and the future impact it may bring to decentralized applications.
About Open
Open — accelerates the Open Web with information abstraction and compute abstraction; WebisOpen
By Henry, CTO of Open
