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Aethir Announces $100 Million Ecosystem Fund for AI and Cloud Gaming Aethir Announces $100 Million Ecosystem Fund for AI and Cloud Gaming

New Aethir, GMI, GAIB Alliance Powers AI with H200 GPUs

Aethir, the DePin “GPU-as-a-service” provider, announced a partnership with GMI Cloud, AI cloud service provider, and GAIB, an AI economic layer. These three will support H200 Tensor Core GPUs for global AI developers.

Aethir has used its decentralized GPU hardware capabilities for several major AI projects in recent months.

Aethir’s AI Initiatives

According to a press release shared with BeInCrypto, DePin “GPU-as-a-service” firm Aethir is upgrading its decentralized computing ecosystem. Thanks to a partnership with GMI Cloud, an AI-focused cloud service provider, and GAIB, an AI economic layer, Aethir hopes to integrate new H200 Tensor Core GPUs into its DePin system.

Read more: What Is DePIN (Decentralized Physical Infrastructure Networks)?

These new GPUs offer added benefits to Aethir’s network, specifically designed to optimize professional-grade AI computations. GMI Cloud will use its infrastructure as a cloud service provider to ensure operations run smoothly, and GAIB will stake and tokenize the GPUs, allowing users to invest directly in them. Together, they offer this hardware to AI developers worldwide.

“Through this integration, we’re delivering enterprise-grade decentralized GPU computing on a global scale. By leveraging our vast network, we’re empowering the next generation of Al developers with the tools they need to efficiently build, train, and deploy powerful models,” said Daniel Wang, CEO of Aethir.

Aethir has recently been conducting several business partnerships and hardware initiatives of this caliber. In September, the firm partnered with Filecoin to offer decentralized infrastructure solutions to international AI developers. Similarly, Aethir contributed to this collaboration through its GPU resources in this instance.

Additionally, Aethir announced an $100 Million Ecosystem Fund for AI-focused cloud gaming developers in October. The company began offering grants and other incentives to cloud gaming firms, allowing them to use Aethir’s GPU resources. In other words, Aethir has been heavily focusing its hardware capabilities into potential AI development.

However, unlike the cloud gaming Ecosystem Fund, this AI development project does not focus on a particular industry subcategory. In their press release, these three firms focus on the sophistication of this hardware, calling it the first deployment of H200 Tensor Core GPUs in Web3. Beyond general AI technical advancements, these GPUs don’t seem further specialized.

Read more: How Will Artificial Intelligence (AI) Transform Crypto?

Nevertheless, Aethir, GMI Cloud, and GAIB seem quite optimistic about their contribution to global AI development. This partnership is not only intended to make these state-of-the-art GPUs available, but also functional and incentivized. Ideally, these GPUs will facilitate novel AI solutions.

“Our mission is to empower humanity’s Al ambitions with an efficient, on-demand GPU cloud. We’re not just building a cloud, we’re creating the backbone of the Al era. By joining forces with two powerful industry players, GMI Cloud is transforming how developers and data scientists utilize NVIDIA GPUs, driving Al innovation for the benefit of all,” GMI Cloud founder and CEO Alex Yeh stated.

Disclaimer

In adherence to the Trust Project guidelines, BeInCrypto is committed to unbiased, transparent reporting. This news article aims to provide accurate, timely information. However, readers are advised to verify facts independently and consult with a professional before making any decisions based on this content. Please note that our Terms and ConditionsPrivacy Policy, and Disclaimers have been updated.

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Landon Manning

https://beincrypto.com/aethir-partners-gmi-gaib/

2024-10-29 13:30:00

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