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

Aethir and Injective Unveil Tokenized GPU Marketplace

user avatar

by Giorgi Kostiuk

a year ago


Aethir and Injective have announced the launch of the world's first tokenized GPU marketplace, revolutionizing the access and trade of computing resources.

What Are Tokenized GPUs?

GPUs are key components for AI developers due to their ability to perform massive parallel computations. This is crucial for training machine learning models. Traditional methods of acquiring GPUs can be expensive and inaccessible for many, hence the Aethir and Injective partnership offers a new system of tokenizing GPU resources, making them more accessible.

Advantages of Tokenized GPUs

The introduction of tokenized GPUs offers several key features: 1. **Fractional Ownership**: Users can purchase only the compute power they need, eliminating large upfront investments. 2. **Instant Utility & Composability**: Tokenized GPUs can be easily integrated into various applications. 3. **Real-time Resource Trading**: GPU compute power can be bought, sold, or leased in real-time. 4. **Smart Contract Integration**: All transactions are automated, transparent, and secure. 5. **Global Accessibility**: Tokenized GPUs provide high-performance computing resources worldwide.

Technical Details of the Project

Aethir and Injective are leveraging their technological capabilities to bring tokenized GPUs to the market. Aethir operates one of the largest crypto GPU networks comprised of over 360,000 GPUs. Injective offers a robust platform for tokenizing real-world assets, including GPU compute power. This enables the creation of a sophisticated market where GPU resources are available in a decentralized on-chain manner, supported by smart contracts.

The partnership between Aethir and Injective underscores the trend of integrating AI and blockchain technologies, expanding opportunities for developers and researchers while accelerating innovation.

0

Rewards

chest
chest
chest
chest

More rewards

Discover enhanced rewards on our social media.

chest

Other news

Costco Tightens Returns Policy Amid Digital Transformation

chest

Costco is tightening its returns policy and enhancing its mobile app features to protect margins.

user avatarMaria Gutierrez

LightBar Develops Technology to Combat AI Copyright Infringement

chest

LightBar develops technology to combat AI copyright infringement.

user avatarDavid Robinson

Hollywood Studios Take Legal Action Against AI Infringement

chest

Major Hollywood studios, including The Walt Disney Company and Paramount Pictures, have taken legal action against ByteDance for alleged unauthorized use of copyrighted characters and performers' likenesses in its Seedance 20 model.

user avatarAndrew Smith

Bitcoin Price Drops Below Critical Support Levels.

chest

Bitcoin's price has failed to maintain stability above the 70,000 mark and has started a decline, trading below 68,800.

user avatarJacob Williams

Figure Technology Confirms Data Breach Due to Social Engineering Attack

chest

Figure Technology has confirmed a data breach caused by social engineering, resulting in the theft of customer files and exposure of sensitive personal information.

user avatarZainab Kamara

Shiba Inu SHIB Creates Millionaires in 2021 Bull Run

chest

Shiba Inu SHIB generated several millionaires during the 2021 bull run, but its price has significantly decreased since then.

user avatarAyman Ben Youssef

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.