tkxclapvwu(💙,🧡)🛸
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io.net is partnering with Nimble Network to reshape AI development. Together, we're integrating Nimble's decentralized training and inferencing workloads with io.net’s extensive compute network. This means developers can now focus more on innovation rather than infrastructure management. Follow @Nimble_Network to earn points and read more about it on Medium: ionet.medium.com/nimble-network…
As AI innovation continues, demand for GPU compute to power AI and ML workloads doubles every 3 months, however some sources of the supply of GPU compute remains underutilized. By aggregating underutilized sources of supply from independent data centers, crypto mining farms, and consumer GPUs, @ionet_official's abilities to create decentralized clusters accross multiple locations facilitates the creation of a 'structural arbitrage'. This allows @ionet_official to increase utilization rates to nearly 100%, whilst offering prices up to 90% cheaper than competitors –– the recent expansion of supply in the network featuring 72 A4000 GPUs only accelerates these capabilities. @ionet_official is building the internet of GPUs.
Demand for GPU compute continues to rise, making it much more expensive to access GPUs. This is because GPUs are used to power the compute capabilities of AI and ML, and as AI continues to innovate, GPUs become increasingly unavailable and hence more expensive. @ionet_official Cloud is addressing this growing concern by aggregating GPUs that are geographically distributed across multiple locations into a DePIN. This allows @ionet_official to offer low-latency compute capacity at the scale required by AI and ML companies while staying cost-efficient.
BREAKING: io.net has raised $30M to build the largest decentralized GPU network in the world and solve the AI compute shortage. The Series A round was led by Hack VC with participation from Multicoin Capital, 6th Man Ventures, M13, Delphi Digital, Solana Labs, Aptos Labs, Foresight, Amber, Longhash, SevenX, ArkStream, Animoca Brands, Continue Capital, MH Ventures, Sandbox Games. Prominent industry leaders also joined the funding round, including Solana founder Anatoly Yakovenk, Aptos founders Mo Shaikh and Avery Ching, Yat Siu of Animoca Brands, Sebastien Borget of The Sandbox, and Jin Kang of Perlone Capital. reuters.com/technology/ai-…