The Artificial Superintelligence Alliance (ASI) has approved a $7.5 billion merger to create a unified ASI token, consolidating assets from Fetch.AI, SingularityNET, and Ocean Protocol.

The ASI token will have a total supply of 2.6 billion units and its launch is set for May 24.

This initiative is aimed at establishing a decentralized AI infrastructure to enhance AI agents, advance language learning models, and promote AI data sharing.

Current FET tokens will be rebranded to ASI, and AGIX and OCEAN tokens will be converted to ASI at specified rates.

The merger is expected to elevate ASI into the top 20 largest cryptocurrencies by market cap, directly competing with Big Tech in the AI space.

AI tokens have recently been lucrative, with reports citing an average profit of 222% in the first quarter of the year.

The public is reminded to seek advice from qualified investment advisors before making financial decisions.