According to BlockBeats, on July 25, NetMind.Ai officials said that this month's revenue reached $250,000, mainly due to NetMind Power, demonstrating the demand for decentralized GPUs. There are now 19,044 registered users and 32,340 NMT token holders.

Currently, 1,799 GPUs are being used by companies and individuals through NetMind Power, with a utilization rate of 94%. There are 5,571 GPUs waiting to join the network. There are currently 20 research and business partners, including the University of Cambridge, Carnegie Mellon University, NVIDIA, and NexGen Cloud.

Target revenue for the year end is $10 million, driven by growth rates and the upcoming customer pipeline.