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Startup demos upcoming decentralized GPU infrastructure network to OpenAI, Uber

Published 10/11/2023, 09:00 AM
Updated 10/11/2023, 10:40 AM

A project that started out as an institutional-grade quantitative trading system for cryptocurrencies and stocks has transitioned to become a decentralized network sourcing GPU computing power to serve increasing demand for artificial intelligence (AI) and machine learning (ML) services.

Io.net has developed a test network that sources GPU computing power from a variety of data centers, cryptocurrency miners and decentralized storage providers. Aggregating GPU computational power is touted to drastically reduce the cost of renting these sources, which are becoming increasingly expensive as AI and machine learning advance.

The io.net platform will allow GPU computing providers to provide resources to clusters for AI and machine learning needs. Source: io.net

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