Blockchain startup Aptos partners with io.net to decentralize access to AI

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Aptos Labs has inked a partnership with io.internet to reinforce entry to scalable GPU sources in a bid to spice up AI and machine studying capabilities.

Aptos Labs, the agency behind the Aptos blockchain ecosystem, has entered right into a partnership with io.internet, a supplier of decentralized GPU compute options in a bid to decentralize entry to synthetic intelligence (AI) sources as extra enterprise capital corporations are taking purpose on the quickly rising expertise.

Based on a press launch shared with crypto.information, io.internet and Aptos Labs will collaborate on creating a set of AI fashions and inference merchandise for his or her future launch on the Aptos community. These future choices will apparently leverage the Aptos community to facilitate funds.

The press launch notes that io.internet’s generative AI product dubbed BC8.ai is already utilizing Aptos to “course of over 500,000 transactions a day,” which is why io.internet determined to deepen its collaboration with Aptos. Aptos Labs head Mo Shaikh emphasised the shared imaginative and prescient of io.internet and Aptos, saying each entities purpose to de-risk and decentralize AI purposes on the Aptos platform.

“io.internet’s imaginative and prescient for an accessible, decentralized, and accountable future for AI mirrors Aptos’ imaginative and prescient for the way forward for blockchain — and the subsequent section of the web for billions of individuals.”

Mo Shaikh

Aptos’ newest partnership aligns with buyers’ growing curiosity within the potential synergies between blockchain and AI. In December 2023, analysts on the crypto enterprise large a16z crypto launched a research paper outlining key areas the place blockchain expertise might complement synthetic intelligence. They notably emphasised that blockchain networks might function a “counterbalancing pressure to centralized AI,” fostering multi-sided, world, permissionless markets the place anybody can contribute.

In the meantime, enterprise capital corporations are displaying heightened curiosity on this intersection, with over a fifth of all enterprise funding in February allotted to AI corporations, totaling $4.7 billion in investments. This marked a major enhance from the $2.2 billion invested in AI corporations in January and the $2.1 billion invested in February 2023, in response to data from Crunchbase.


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