The partnership aims to expand artificial intelligence (AI) and machine learning (ML) solutions for users of both companies.
NetMind.ai, an infrastructure, technology, and ecosystem for developing AI solutions, is entering into a strategic partnership with io.net, a decentralized physical infrastructure network (DePIN) platform for GPU computing services. The collaboration seeks to enhance AI/ML capabilities for both companies, providing their users with more affordable and efficient AI solutions.
The partnership will see both companies leveraging their strengths and capabilities in decentralized AI services, improving their ability to deliver powerful, cost-effective AI solutions that benefit end-users on both sides. The new partnership between io.net and NetMind.AI will combine the strengths of both companies to rapidly enhance computing capabilities through shared resources and strategic integration.
io.net provides a DePIN that develops and manages on-demand, decentralized GPU clusters from geo-distributed sources. The platform is designed for low-latency, high-processing use cases such as cloud gaming, machine learning, and artificial intelligence, democratizing access to GPU computing power while reducing costs, accelerating delivery times, and expanding options for both engineers and businesses.
Following the partnership, io.net will provide NetMind.ai with additional GPU power during peak demand periods, ensuring that NetMind users have access to increased computing resources.
“The partnership with NetMind enhances our ability to support a wide range of ML tasks,” said Tory Green, CEO of io.net. “We are excited to advance AI technologies together and create new opportunities for developers and businesses.”
NetMind.ai, for its part, aims to make AI accessible and affordable to everyone worldwide. Through the company’s brainchild, NetMind Power, a decentralized AI ecosystem that mobilizes idle computing power, the company is democratizing access to otherwise prohibitively expensive AI systems. The collaboration with io.net will see NetMind contributing decentralized computing services to io.net’s network, enhancing its distributed infrastructure.
Commenting on the partnership, Kai Zou, CEO of NetMind.ai, said:
“This partnership with io.net enables us to provide even more computing power to our users. By combining our resources, we aim to reduce costs while delivering high-performance computing power, aligning with our commitment to democratize AI development.”
Disclaimer: This article is provided for informational purposes only. It is not offered and should not be construed as legal, tax, investment, financial, or other advice.
