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

Aethir and Injective Create Tokenized GPU Market

user avatar

by Giorgi Kostiuk

a year ago


Aethir and Injective have partnered to launch the world's first tokenized marketplace for trading computing resources, specifically Graphics Processing Units (GPUs). This initiative aims to transform the way these resources are accessed and traded.

What Are Tokenized GPUs?

GPUs have become essential in AI development due to their ability to perform parallel computations crucial for training ML models. However, the acquisition of these resources can be costly and complex, limiting access. The collaboration between Aethir and Injective proposes tokenization of GPU resources to broaden access for AI researchers and developers.

Advantages of Tokenized GPU Resources

The initiative introduces several key innovations: 1. Fractional Ownership: Users can buy only the compute power they need. 2. Composability and Integration: Easily integrate tokenized GPUs into various use cases. 3. Real-time Resource Trading: GPU power can be bought, sold, or leased in a dynamic market. 4. Smart Contract Integration: Transactions are automated and secure. 5. Global Accessibility: Resources become accessible worldwide.

Technical Implementation and Role of ATH Token

Aethir operates a vast crypto GPU network, ensuring reliable access, while Injective provides the platform for tokenization. The ATH token is central for purchasing power, rewarding network participants, and ensuring security through staking.

The partnership between Aethir and Injective signifies a move toward integrating AI and blockchain technologies, creating a new market for tokenized GPUs and expanding possibilities for developers worldwide.

0

Rewards

chest
chest
chest
chest

More rewards

Discover enhanced rewards on our social media.

chest

Other news

BMNR Stock's Future Depends on Staking Success and Market Recovery

chest

BMNR stock's ability to reclaim the 35 level hinges on the success of BitMine's staking initiative and the return of institutional investors.

user avatarLi Weicheng

BMNR Stock Faces Breakdown Risk as It Trades Near Key Support

chest

BMNR stock is currently trading near the critical support level of 2836, with potential risks of falling to 2431 if buyers do not step in.

user avatarAisha Farooq

OpenAI Plans Massive Infrastructure Investment

chest

OpenAI is planning to invest over $14 trillion into infrastructure, collaborating with major tech companies.

user avatarLeo van der Veen

SoftBank Completes $40 Billion Investment in OpenAI

chest

SoftBank has completed its $40 billion investment in OpenAI, concluding with a final payment of around $22 billion, securing over 10% ownership in the company.

user avatarMaya Lundqvist

US Court Rejects DeFi Education Fund's Amicus Brief in Ethereum Exploit Case

chest

The US government has opposed the DeFi Education Fund's attempt to submit an amicus brief in a high-profile case involving Ethereum hackers.

user avatarBayarjavkhlan Ganbaatar

MiniMax Plans $600 Million IPO with Alibaba and ADIA Support

chest

MiniMax, a Shanghai-based AI startup, plans to raise over $600 million in its Hong Kong IPO with support from Alibaba and the Abu Dhabi Investment Authority.

user avatarTenzin Dorje

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.