Io.net and Nesa Expand Partnership to Accelerate Decentralized AI Innovation


Io.net and Nesa Expand Partnership to Accelerate Decentralized AI Innovation

  thenewscrypto.com 05 September 2024 15:22, UTC

The strategic cooperation between layer-1 blockchain and the decentralized computing network io.net for AI Nesa was recently launched in April, but it has already grown tremendously.

The synergies between the two have grown quickly after the collaboration was made public, with io.net assisting in scaling up the supply of large GPU resources quickly to accommodate the exponential rise in AI inference usage on Nesa.

All parties involved in obtaining the initial partnership expected these synergies to be greater than they were, and io.net went above and beyond by providing powerful 48x A100 GPUs to support the L1. Also, it is anticipated that the number would increase gradually over the next months and years.

Patrick Colangelo, Co-Founder and CEO of Nesa remarked:

“The support of io.net has been critical in scaling our AI inference capabilities. Their provision of GPUs has enabled us to push the boundaries of what’s possible in decentralized AI, and it is heartening to note the results we have been able to achieve in such a short time-frame. Needless to say, we are very excited about the future innovations this partnership will unlock.”

Tausif Ahmed, VP of Business Development at io.net added:

“The expansion of our collaboration with Nesa has been an unexpected but most welcome surprise. It has been a real pleasure to help support the blockchain’s growth while delivering value to our own users. Like us, the Nesa team understands the importance of democratizing access to high-performance computing resources and accelerating AI innovation.”

Since April, the GPU providers of io.net have been able to unleash new revenue streams by allowing multiple applications that integrate with AI on Nesa to perform AI inference on io.net machines.

The organizations’ growing partnership is shown by the GPUs’ supply, which is crucial to the training, development, and improvement of Nesa’s own state-of-the-art AI generation models. Together, these efforts aim to accelerate the decentralization of AI.

io.net continues to be a valued partner of Nesa, helping to drive these developments with the computational power that is so vital to pushing the frontiers of decentralized AI. It is anticipated that the developing collaboration will be crucial in determining how AI infrastructure will develop in the future and remain secure and accessible.

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