• Distributed computing protocol io.net and DePIN platform Aethir have announced plans to use their distributed networks to enable widespread access to supercomputers. To mark their collaboration, io.net and Aethir will distribute $50 million worth of each other's tokens to their communities and invest $100 million to transform global computing capabilities.

The announcement emphasizes that the two projects have a combined computing power of 600,000 GPUs and CPUs, including 40,000 high-end GPUs, including 3,000 NVIDIA H100s. Developers will be able to utilize this combined power on demand, significantly reducing costs and driving innovation.

Ahmad Shadid, CEO of io. net, said. "The synergy between io. net and Aethir is as clear as it is extensive, and we are excited to work hand-in-hand to deliver best-in-class cloud computing services to our users.

The collaboration aims to address the high demand for computing resources due to the proliferation of artificial intelligence (AI). Previously, startups and developers faced the dilemma of investing in expensive server farms or relying on the services of technology giants, which often proved unprofitable. The partnership between io. net and Aethir, by providing an affordable alternative, aims to remove these barriers.

The initiative also aims to remove geographic barriers. Distributing computing infrastructure globally will reduce latency and operational costs, which will benefit #AI startups, especially in developing regions.

Daniel Wang, CEO of Aethir, said. "We look forward to making our high-performance GPU enterprise computing power available to the entire ecosystem. Making high-performance computing accessible to all is our shared mission, and through this collaboration, the world is taking an important step towards achieving it.

This partnership will help democratize access to computing power by not only supporting developers, but also allowing people with spare computing power to be rewarded for contributing to the network. "

Read us at: Compass Investments