CryptoPhantom

BREAKING: io.net has raised $30M to build the largest decentralized GPU network in the world and solve the AI compute shortage. The Series A round was led by Hack VC with participation from Multicoin Capital, 6th Man Ventures, M13, Delphi Digital, Solana Labs, Aptos Labs, Foresight, Amber, Longhash, SevenX, ArkStream, Animoca Brands, Continue Capital, MH Ventures, Sandbox Games. Prominent industry leaders also joined the funding round, including Solana founder Anatoly Yakovenk, Aptos founders Mo Shaikh and Avery Ching, Yat Siu of Animoca Brands, Sebastien Borget of The Sandbox, and Jin Kang of Perlone Capital. reuters.com/technology/ai-fo…

BREAKING: io.net has raised $30M to build the largest decentralized GPU network in the world and solve the AI compute shortage. The Series A round was led by Hack VC with participation from Multicoin Capital, 6th Man Ventures, M13, Delphi Digital, Solana Labs, Aptos Labs, Foresight, Amber, Longhash, SevenX, ArkStream, Animoca Brands, Continue Capital, MH Ventures, Sandbox Games. Prominent industry leaders also joined the funding round, including Solana founder Anatoly Yakovenk, Aptos founders Mo Shaikh and Avery Ching, Yat Siu of Animoca Brands, Sebastien Borget of The Sandbox, and Jin Kang of Perlone Capital. reuters.com/technology/ai-fo…

Solana-based DePIN io.net hits $1 billion token valuation in latest funding round theblock.co/post/280665/sola…

The io.net community came in force to countdown the Series A announcement. Join us in Discord every Wednesday at 3:30PM UTC.

🤝 @laurashin @Unchained_pod

Over $400K in Worker earnings (just $100K in the last 21 days) in just four short months since launch. 40,000+ Workers in the network and over 3,800 GPU clusters deployed. AI/ML companies can create clusters of up to tens of thousands of GPUs for both model training AND inferencing.

What makes @ionet_official different from other GPU aggregators on the market? @ionet_official's ability to form decentralized clusters by aggregating GPUs across multiple locations. Without clustering, it would be virtually impossible to train today's machine learning models, which are highly complex. This creates the opportunity for a 'structural arbitrage', allowing @ionet_official to offer unmatched cost efficiency and low latency GPU compute up to 90% cheaper than the competition.

Thanks for the coverage @The_NewsCrypto! @ionet_official raises $30M in funding to build the largest decentralized GPU network ever, solving the shortage of AI compute. The Series A round was led by @hack_vc, who were joined by @multicoin, @solanalabs, and more. Industry leaders such as Anatoly Yakovenk, founder of @solana, and founders of @Aptos, Mo Shaikh and Avery Ching, also participated in the funding round. Deep-dive into the full article by @The_NewsCrypto here: thenewscrypto.com/ai-focused…