On November 10, 2024, artificial intelligence industry leaders, researchers, developers, and advocates convened at the SingularityNET Ecosystem Festival in Bangkok, Thailand, to discuss the responsible development, ethical training, sustainable hardware enablement, and decentralized governance of advanced AI technologies and future AGI (Artificial General Intelligence) systems at the human level and beyond.During the event, our CEO, Dr. @bengoertzel, reaffirmed our commitment to the journey we began in 2017, highlighting how we have continued to innovate, move forward on our AGI R&D roadmap, build the decentralized infrastructure for the global economy, embrace open collaboration, and guide the development of neural-symbolic AGI in a beneficial direction—beneficial for humans and other sentient beings, including the animals and plants on the planet today, as well as the new life forms that will emerge in the AGI era.This year, we formed the @ASI_Alliance, the largest open-source, independent player in AI research and development. Since its formation, the Alliance has been pooling knowledge and expertise, computing power, data, and market reach to address the problem of concentrated power in the AI field and build a scalable decentralized AI infrastructure to accelerate the path to AGI and ASI.We advanced the fundamental science of several critical technologies. We announced the Alpha release of the open-source OpenCog Hyperon AGI framework, scaled the interpretation and compilation of the MeTTa (Meta Type Talk) language for cognitive computations by orders of magnitude, and accelerated the development of AGI-optimized software and hardware architectures.Research and development also showcased practical decentralized AI applications. We introduced ASI:Create, an AI launchpad that accelerates the funding, creation, deployment and monetization of agents. Additionally, we deployed AIRIS (Autonomous Intelligent Reinforcement Inferred Symbolism), one of the first intelligent systems capable of autonomous, adaptive learning with real-world applicability, in the Minecraft 3D gaming environment to help increase the generality of autonomous agents and the data efficiency of learning goal-directed behaviors.We announced significant investments in energy-efficient and sustainable hardware infrastructure to accelerate decentralized AGI and disruptive ASI research. In July, we unveiled a $53M investment to create the world’s first modular supercomputer and build state-of-the-art HPC (High-Performance Computing) and AI data centers.Our Ecosystem projects (e.g., @CogitoFi, @twinprotocolAI, and @Rejuve_Bio) demonstrated their abilities to transform research into vertical and domain-specific solutions. Application areas include decentralized finance, robotics, biotech and longevity, gaming and media, arts and entertainment, and enterprise-level AI.Recognizing that AI and AGI stewardship should not be confined within Big Tech or government walls, we conducted ethical reflection (e.g., BGI Nexus), launched programs and offered grants to aid and accelerate the growth of open source decentralized initiatives (e.g., @DeepFunding, Hackathons), and fostered responsible AI practices across our ecosystem. Earlier this year, we held the inaugural Beneficial AGI Summit in Panama to discuss how to guide AGI governance and leverage generally intelligent machines to support ethical, social, and economic progress.Our perspective on AGI is clear and consistent: “AGI needs to be in the hands of humanity at large — to be controlled by no one person or organization and enjoyed by everyone” (@JanetAdamsAI, COO of SingularityNET and Board Director in the ASI Alliance Council). That is why we will continue to demonstrate our commitment to advancing decentralized beneficial AGI for all by creating space and opportunity for everyone to access, benefit from, and contribute to the development of frontier technologies.We thank all participants of the SingularityNET Ecosystem Festival — our community members, speakers, team members, partners, and attendees — for their valuable contributions.