DePIN Platform io.net Announces Strategic Collaboration With NetMind.AI
- net announces its strategic partnership with NetMind.ai.
- The partnership will leverage both platforms to enhance the delivery of AI solutions.
Decentralized physical infrastructure network (DePIN) platform io.net announces a strategic partnership with NetMind.ai, an infrastructure service for AI solutions such as General AI (AGI), etc. The partnership aims to enhance artificial intelligence (AI) and machine learning (ML) solutions for users on both platforms. The collaboration will see the two AI-based companies leverage the strengths of both companies, enhancing their ability to deliver powerful, cost-effective AI solutions that benefit end users on both sides.
The partnership aims to rapidly enhance computational capabilities through shared resources and strategic integration between the two companies. The partnership will see NetMind.ai benefit from additional GPU power from io.net’s DePIN infrastructure. On the other hand, io.net will benefit from NetMind’s decentralized computing services, providing more computational power to its network.
According to Kai Zou, CEO of NetMind.ai, the collaboration is set to revolutionize how both companies offer AI services and will help greatly reduce the cost for users. Speaking on the partnership, Zou stated:
“This collaboration with io.net allows us to offer even more computational power to our users. By combining our resources, we aim to reduce costs while providing high-performance computing power, aligning with our commitment to democratize AI development.”
The Symbiotic Partnership To Advance AI Compute Services
io.io.net provides users with infrastructure that deploys and manages on-demand, decentralized GPU clusters from geo-distributed sources. It is designed for low latency, high processing use cases such as AI and ML, gaming and cloud services democratizing access to GPU compute capacity. With the partnership in place, io.net will supply additional GPU power to NetMind during peak demand times, ensuring NetMind’s users have access to increased computational resources.
“Working with NetMind strengthens our ability to support a wide range of ML tasks,” Tory Green, CEO of io.net stated on how the partnership will extend NetMind.ai’s capabilities. “We’re excited to advance AI technologies together and create new opportunities for developers and businesses.”
NetMind.ai provides infrastructure, technology, and an ecosystem for future AGI, making AI accessible and affordable for everyone. Via its primary product, NetMind Power, a decentralized AI ecosystem that mobilizes idle computing power, the platform democratizes access to AI, reducing the cost and resources needed to run AI systems. The partnership will see NetMind contribute its decentralized computing power to io.net’s network, enhancing its distributed infrastructure.