Io.net's 25,000+ node network fuels AI/ML with scalable GPU power, cutting costs versus traditional cloud services.
Chainbase's Theia model leverages io.net's Internet of GPUs to enhance AI-driven blockchain applications like DeFi and Web3 games.
The io.net and Chainbase partnership preps for CBT token launch, aligning decentralized AI growth with community engagement.
Io.net, a decentralized computing network, has partnered with Chainbase, an omnichain data network specializing in AI technologies. The partnership intends to improve AI modeling and create a strong decentralized AI and data infrastructure. This collaboration marks a step in integrating next-generation AI and blockchain technology.
https://twitter.com/ionet/status/1825894235809468661 Collaboration to Enhance AI Modeling
The partnership between io.net and Chainbase centers on training Chainbase’s cryptocurrency world model, Theia, using io.net's distributed network, known as the Internet of GPUs (IOG). Theia enables AI agents to analyze blockchain data, simulate blockchain environments, and interact with distributed ledgers.
This capacity is essential for enhancing the precision and effectiveness of several applications in the Bitcoin ecosystem, including security systems, decentralized finance (DeFi) platforms, and AI-driven Web3 games.
By leveraging the IOG network's scalable virtual clusters of GPU resources, Chainbase aims to enhance Theia's performance significantly. Both companies plan to expand the volume of data used for training Theia, which is expected to improve the model's capabilities further. This collaboration underscores the shared objective of advancing AI-driven solutions within the blockchain space.
Strengthening Decentralized AI and Data Infrastructure
The partnership also integrates Chainbase’s omnichain data network into io.net’s AI projects. This integration is part of a broader effort to develop a decentralized AI and data stack supporting various industries. Io.net’s commitment to supporting Chainbase’s products and tokens through its IOG and community is expected to accelerate the adoption of decentralized AI and data solutions across multiple sectors.
Tory Green, Co-founder of io.net, emphasized the importance of this partnership in a written statement. He noted that collaborating with Chainbase will strengthen io.net’s network and facilitate the broader integration of decentralized AI and data technologies. Green expressed optimism about the potential for this partnership to drive innovation and growth in the field.
Preparation for CBT Token Launch
As part of the partnership, engineering teams from both companies are working closely to support Chainbase’s development in preparation for its network token ($CBT) launch later this year. This collaboration includes efforts to align the growth of both networks by providing io.net’s community members, specifically IO Workers who have staked IO, with the opportunity to participate in the token launch.
Chris Feng, co-founder and COO of Chainbase, highlighted the significance of the partnership in scaling Chainbase’s AI-specialized network. He expressed confidence that by utilizing the scalable GPU resources provided by io.net’s IOG, Chainbase can enhance the efficiency and scalability of its AI-driven solutions. This development marks a crucial milestone for Chainbase as it prepares for the upcoming CBT token launch.
Background on Io.net’s Growth and Mission
Io.net was established in November 2023 to meet the rising need for large-scale computing capacity, notably for running complicated algorithms in the stock and cryptocurrency markets. Since its start, the firm has established a decentralized network of over 25,000 nodes, giving users access to hundreds of thousands of GPUs for AI and machine learning projects. This network has allowed io.net to offer cost-effective and efficient computing resources compared to traditional cloud services.
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