Recently, Planck announced the launch of its Layer-0 blockchain, which will serve as a foundation for decentralized AI applications, including solutions for decentralized physical infrastructure networks (DePIN).
What is Planck's Layer-0 Blockchain?
Planck's blockchain is designed to support decentralized AI networks, providing an alternative to centralized resources such as cloud computing services. This solution aims to combine hardware, token incentives, and distributed computing to create innovative approaches to AI. Currently, high-performance AI compute is heavily centralized within a few tech giants.
Decentralizing AI: Challenges and Opportunities
An important aspect of developing decentralized AI networks is the effort to integrate Web3 principles of decentralization into AI development, which is currently dominated by companies like OpenAI and Google. The market for decentralized solutions, such as Bittensor and Fetch.ai, is also actively growing, offering approaches to machine learning and the creation of AI agents.
Planck's Financial Models and Revenue
Planck's main source of income comes from renting GPUs and contracts for providing computing resources. The company reports that its hourly rental model allows for cost reductions of up to 90% compared to traditional cloud services. Since February 2023, Planck has generated $1.5 million, primarily from renting GPU power. The ongoing shortage of AI chips has also contributed to the growth of the GPU-as-a-service sector.
The launch of Planck's blockchain highlights efforts in AI decentralization and opens up new opportunities for developers, offering unique advantages in cost reduction and increased accessibility to computing resources.
