According to BlockBeats, on July 25, NetMind.Ai announced via social media that its current monthly revenue has reached $250,000, primarily driven by the demand for decentralized GPUs through its NetMind Power platform. The company now boasts 19,044 registered users and 32,340 NMT token holders. The growth rate for the remainder of the year is projected to reach 96.35%.

Currently, 1,799 GPUs are being utilized by companies and individuals through NetMind Power, with a utilization rate of 94%. Additionally, 5,571 GPUs are awaiting integration into the network. NetMind.Ai has established research and business partnerships with 20 notable institutions, including Cambridge University, Carnegie Mellon University, Nvidia, and NexGen Cloud.

The company has set a year-end revenue target of $10 million, driven by the current growth rate and upcoming customer channels.