According to Foresight News, GPU.Net, a decentralized GPU resource network, has successfully raised $500,000 in funding. The investment round included participation from Momentum 6 and Alphablockz, as well as support from NVIDIA and Taanga Studios. GPU.Net's test network is expected to launch next month.

The platform aims to meet the computing power demands of emerging technologies such as generative AI, Web3 metaverse, cryptocurrency mining, and high-end graphics rendering by providing decentralized GPU infrastructure.