The partnership aims to enhance the training of AI models on OpenLedger and boost the development of futuristic AI applications.
io.net, a leading decentralized physical infrastructure network (DePIN) for compute power, announced its strategic partnership with OpenLedger, a data blockchain for AI. The partnership aims to enhance decentralized datasets for the AI company by leveraging io.net’s decentralized distributed GPU power network.
According to the team statement sent to our desk, the collaboration will also enable OpenLedger to access io.net’s compute layer to enhance the training of its AI models and provide users with a more secure and decentralized infrastructure for AI-driven data innovation.
Speaking on the partnership and its benefits to OpenLedger users, Tausif Ahmad, VP of BD of io.net, said:
“We’re excited to be partnering with OpenLedger whose data blockchain for AI provides Web3 builders with decentralized datasets they can trust. With io.net providing the GPU compute, OpenLedger now has an infra provider it can rely on to scale its AI models built on top of them and to unlock new use cases that will reinforce its status as an innovative provider of decentralized AI models.”
Leveraging io.net’s Powerful GPU Compute Resources
The partnership follows a recent line of AI and machine learning platforms leveraging io.net’s powerful distributed GPU compute service to improve their models. By accessing the distributed GPU network, OpenLedger will gain the compute it requires to accelerate the development of its AI models. Developed using OpenLedger’s datasets, this will empower developers to build smarter, more efficient AI-based DApps.
Labelled the internet of GPUs, io.net allows users to contribute to the network by providing their unused GPU compute in a network which can be sold to users who require the service. By joining the network, OpenLedger will be able to access io.net’s GPU infrastructure and leverage the compute services provided by network participants.
io.net’s infrastructure will also support inference and hosting of the AI models, ensuring they are optimized for performance and scalability. This is expected to enhance OpenLedger’s reputation as a leading provider of reliable datasets that are fueling a wave of innovation at the intersection of blockchain and AI.
“Our collaboration with io.net unlocks the full potential of our high-quality datasets, using the contributed data to create specialized AI models,” a team member from OpenLedger stated. “By leveraging io.net’s GPU infrastructure, our protocol users will be able to fine-tune AI models more efficiently, ensuring optimal performance and scalability.”
Focused on building the world’s largest data blockchain for AI, OpenLedger’s partnership with io.net will push it closer to its goal. The additional GPU compute services will enable the company to specialize its AI models for agents and AI-based DApps.
Adding to the vision that OpenLedger has for AI and blockchain and how the partnership with io.net will enable the company to reach its goals, the team member stated:
“This [partnership with io.net] brings us closer to our vision of creating a decentralized, transparent AI ecosystem that enables collaboration through data sharing and the development of trustworthy, explainable models.”
‘Cost-Effective, Scalable And Decentralized’
According to OpenLedger’s statement, the partnership with io.net is a “no-brainer” given the qualities that the distributed GPU compute network offers. io.net offers a cost-effective and scalable compute solution with the best selection of optimal AI processors. This enables OpenLedger to expand its services without being constrained by the high costs and limitations of centralized cloud providers.
With io.net’s decentralized GPU infrastructure, OpenLedger can scale up its operations, process larger datasets, and develop AI models with unprecedented efficiency, pushing the boundaries of what’s possible in decentralized AI innovation.
Lastly, io.net’s GPU resources will also enable OpenLedger to unlock new use cases for its AI models, providing future-proof infrastructure to AI apps. By ensuring these AI models are fine-tuned for scalability and reliability, OpenLedger can further bolster its track record as a pioneer in creating a decentralized ecosystem for trustworthy, accessible AI.