• Dapps:16.23K
  • Blockchains:78
  • Active users:66.47M
  • 30d volume:$303.26B
  • 30d transactions:$879.24M

Aethir and Filecoin Address GPU Deficit

user avatar

by Giorgi Kostiuk

2 years ago


  1. GPU Shortage
  2. Challenges to Cloud Computing
  3. Aethir Decentralized Cloud Launch

  4. Aethir, a decentralized GPU cloud computing network, has partnered with the Filecoin Foundation to address the issue of GPU scarcity in the artificial intelligence and Web3 sectors.

    GPU Shortage

    The partnership between Aethir and Filecoin was revealed at the FIL Singapore event. They plan to offer GPU leasing services integrated with Filecoin’s decentralized storage network. Mark Rydon, the chief strategy officer and co-founder at Aethir, explained that traditional systems can no longer keep up with computational and storage demands.

    Filecoin’s decentralized storage backbone complements Aethir's decentralized GPU cloud infrastructure by providing a secure and scalable way to manage vast amounts of data, making this the ideal time to collaborate and meet the industry’s evolving requirements.Mark Rydon

    Challenges to Cloud Computing

    Decentralized GPU cloud computing faces multiple substantial challenges, particularly the global shortage and inefficient use of GPUs. Rydon emphasized that ensuring that compute power and data storage remain balanced and decentralized is critical to avoiding central points of failure. To address these challenges, the partnership focuses on AI-driven data security, using AI and node-focused data like TensorOpera Fox-1 stored using Filecoin’s network.

    Another key issue is ensuring that compute power and data storage remain balanced and decentralized, which is critical to avoiding central points of failure.Mark Rydon

    Aethir Decentralized Cloud Launch

    In June, Aethir launched its decentralized cloud compute network on the Ethereum mainnet, enabling idle GPU resources to be contributed to the GPU-as-a-service network. This allowed high-quality enterprises to contribute their resources to increase access to the current supply of GPUs. Developers and enterprises can rent compute resources from Aethir’s network of providers to support AI model training or digital content rendering at scale.

    The collaboration between Aethir and Filecoin aims to address the critical issue of GPU scarcity in the AI and Web3 sectors. Their joint efforts will help balance compute power and data storage, contributing to the sustainable development of decentralized technologies.

0

Rewards

chest
chest
chest
chest

More rewards

Discover enhanced rewards on our social media.

chest

Other news

Bitcoin and Ethereum ETFs Experience Major Capital Flows Amid Market Changes

chest

Bitcoin and Ethereum ETFs have experienced significant inflows and outflows influenced by macroeconomic factors and geopolitical tensions, with Bitcoin ETFs seeing a peak inflow of over $4.7 billion on April 6, 2023.

user avatarMaria Gutierrez

XRP and Solana ETFs Face Low Demand Amid Market Volatility

chest

XRP and Solana ETFs are facing low demand due to market volatility, with XRP attracting only $138 million and Solana just $1.169 million in inflows.

user avatarArif Mukhtar

CoW Swap Frontend Compromised, Users Advised to Stay Away

chest

CoW Swap, an Ethereum-based decentralized exchange aggregator, has warned users to avoid its protocol after its frontend interface was compromised.

user avatarDavid Robinson

Tether Launches Self-Custodial Digital Wallet TetherWallet

chest

Tether has launched a self-custodial digital wallet called TetherWallet, supporting USDT, USAT, Bitcoin, and XAUT, aimed at enhancing accessibility for mainstream users.

user avatarAndrew Smith

Senators Near Compromise on Stablecoin Yield Issue

chest

Senators negotiating the stablecoin yield issue are making progress, with a draft compromise expected to be released later this week.

user avatarJacob Williams

Bitcoin Surges Past $75,000 Mark Amid Rising Short Liquidations

chest

Bitcoin's price has risen to over $75,000, marking its highest level since early February, driven by significant short liquidations.

user avatarZainab Kamara

Important disclaimer: The information presented on the Dapp.Expert portal is intended solely for informational purposes and does not constitute an investment recommendation or a guide to action in the field of cryptocurrencies. The Dapp.Expert team is not responsible for any potential losses or missed profits associated with the use of materials published on the site. Before making investment decisions in cryptocurrencies, we recommend consulting a qualified financial advisor.