AI startup HyperCycle launches HyperPG in partnership with Penguin Group to enable Paraguay to utilize its hydropower infrastructure for AI computation

Since the launch of OpenAI ChatGPT in November, there has been a remarkable surge in interest surrounding artificial intelligence. Businesses across various sectors are now actively seeking ways to incorporate generative AI into their systems. However, this heightened demand underscores the need for strong infrastructure and High-Performance Computing (HPC) capabilities to support and accommodate the rapid growth.

One prominent player in this space is HyperCycle, an AI startup that is building an innovative Layer 0++ blockchain infrastructure specifically designed to facilitate high-speed and cost-effective AI-driven microtransactions, positioning HyperCycle as a leading company in the field.

Today, HyperCycle announced the release of its new product, HyperPG, in collaboration with Penguin Group. HyperPG is a cutting-edge software that grants access to High-Performance Computing (HPC), catering to the rapidly expanding AI economy.

Thanks to this partnership, the HyperPG platform is now accessible to both individuals and organizations. Users can take advantage of this platform to unleash the full potential of their hardware, utilizing its computational capabilities to generate revenue. This transformative solution enables businesses to turn their traditional cost centers into profit-generating entities.

In addition to the launch, HyperCycle also announced that HyperPG is now empowering Paraguay through a new initiative to utilize hydropower for AI computation and facilitate its inclusion into the global AI ecosystem.

“HyperPG is pioneering a transformative initiative in Paraguay, harnessing the country’s abundant hydropower resources to place it at the vanguard of the AI revolution. Through a unique distributed computation model, HyperPG enables Paraguay to utilize its hydropower infrastructure for AI computation. This innovation is set to significantly improve the country’s standing in the Private Public Partnership (PPP) model, fostering unprecedented economic development,” the company said in a news release.

However, the company said that HyperPG’s vision for Paraguay extends beyond economic growth. HyperCycle added that the initiative aims to position Paraguay as a key player in the emerging “Internet of AI,” a global network of interconnected artificial neurons forming a collective AI brain. This active involvement ensures Paraguay’s participation in global AI advancements while bringing significant socio-economic benefits to the country.

Source: LinkedIn

HyperPG’s commitment to fostering Public Private Partnerships has gained recognition from global leaders, including Alexandre Ziad Hayek, the Global Head of the UN World Association of Public-Private Partnerships (WAPPP). His recent visit to Paraguay, where he met with several ministers, including the Minister of Finance, highlights the potential and significance of these collaborations.

Through this endeavor, Paraguay is not merely relying on global computational resources passively. Instead, the country actively contributes to the development and application of AI technologies worldwide, reaping both local and global benefits. HyperPG is paving the way for Paraguay to assume a central role in the global AI ecosystem, enhancing its economy and society while contributing to the progress of AI on a global scale.

HyperPG as A one-stop-shop Platform

HyperPG introduces its advanced HPC software that enables users to transform their computing hardware into profitable HPC centers. By utilizing HyperPG, users can leverage their existing machines to perform AI computation, granting organizations AI capabilities without the need for additional infrastructure.

Moreover, HyperPG provides an opportunity for individuals to participate in specific hardware, tokens, and node license pools, starting with a minimum investment of $100. This allows users to contribute to the advancement of AI technology and, in return, receive a share of the proceeds generated by the machines. This solution is particularly beneficial for those who lack the necessary components to run HyperCycle’s AI computation on HPCs but still desire to reap the benefits of the AI revolution.

With more than 217,000 nodes already sold, HyperCycle’s scalable computing solution has generated significant interest, laying a strong foundation for the Internet of AI and preparing for its Beta release. The company received substantial purchase orders immediately after launching its store on October 22, 2022.

In a statement, HyperCycle CEO Toufi Saliba said: “While there are a lot of platforms enabling folks to harness their computing power, and more platforms to enable AI computations, the one missing link is enabling the smallest components of AI to cooperate and compete amongst each other and that’s precisely what HyperCycle provides.”

He also added “Securing AI forms the very foundation of our mission. Building on top of years of dedicated research and the cumulative innovations from the vast landscape of computer science, we find ourselves at this pivotal moment of convergence. We’re thrilled to propel our vision forward, delving deeper into our partnerships with facility operators, particularly Penguin Group. Once our client, they are now our esteemed founding partner in the creation of HyperPG – a testament to our shared commitment and transformative vision.”

Toufi Saliba, CEO of HyperCycle

Also commenting on the partnership, Penguin Group CEO Björn Schmidtke said: “Our dream is to make Paraguay an innovation hub in Latin America.”

Left (Björn Schmidtke, CEO), Niklas Leck, Co-founder (Right)

HyperCycle added that HyperPG will empower individuals, organizations, and enterprises to capitalize on the increasing demand for AI computing while benefitting from the establishment of the necessary infrastructure. By leveraging HyperPG, everyday computers can be transformed into AI-capable devices, bringing High-Performance Computing within reach for a wide range of users.

HyperCycle is at the forefront of the movement towards Artificial General Intelligence (AGI), which aims to develop AI capable of performing a broad spectrum of intellectual tasks at a human level or beyond. One key aspect of accelerating AGI development is achieving AI interoperability. This involves enabling different AI systems to collaborate, thereby shortening the path to achieving true AGI.

Through the creation of a network of interconnected nodes, HyperCycle facilitates the collaboration of AI modules, accelerating the emergence of more intelligent and self-evolving systems. These nodes not only support scalable AI microservices but also play a crucial role in conceptualizing and implementing new use cases for artificial intelligence.

Founded by Toufi Saliba, HyperCycle’s technology enables any computer to securely partake in the global brain of AI computation. By combining peer-to-peer technology and collaborating with esteemed partners including Toda and SingularityNET, HyperCycle supports scientific and technological progress in the field of AI. HyperCycle allows anyone to monetize their computing power and participate in providing computations that serve other AI systems. HyperCycle and HyperPG are at the center of the SingularityNET Ecosystem, an ecosystem of companies united to work on benevolent decentralized AGI. All of the SingularityNET Ecosystem companies are lined up to run on HyperCycle.

Co-founded by Björn Schmidtke and Niklas Leck, Penguin Group is a company with a mission: to transform Paraguay’s power into human potential. To that end, they’ve built HPC centers within a massive infrastructure that taps into Paraguay’s primary resource: clean, abundant electricity at competitive prices.