Bitget App
Trade smarter
Buy cryptoMarketsTradeFuturesCopyBotsEarn
Injective Launches First Tokenized GPU Resources with Aethir

Injective Launches First Tokenized GPU Resources with Aethir

CryptotaleCryptotale2024/12/27 03:35
By:Arslan Tabish
Injective Launches First Tokenized GPU Resources with Aethir image 0
  • Injective and Aethir launched the first tokenized GPUs for scalable AI blockchain computing.
  • Aethir’s 360,000 GPU platform enables low-latency, high-performance computing for AI.
  • Tokenized GPUs enable trading and renting computing power in a decentralized market.

Injective and Aethir have launched the first-ever tokenized GPU computing resources. This marks a significant milestone in the convergence of blockchain and high-performance computing (HPC). The partnership aims to provide affordable and scalable access to these resources, offering substantial benefits to AI creators and scientists. By introducing tokenization, the collaboration creates a DeFi marketplace for GPU resource trading, enabling efficient and scalable AI development on a global scale.

Importance of GPUs in AI

GPUs are very important and widely used in many modern AI applications. At first, they were developed for graphics processing; however, they are now essential for machine learning and AI applications as they can process data in parallel quickly. These features make GPUs suitable for handling the big data necessary in training AI models.

Aethir’s platform is one of the most significant crypto GPU-based networks globally. It offers over 360,000 GPUs, among which over 3,000 NVIDIA H100s are designed for AI tasks. The platform also consists of over 47,000 edge cloud computing devices. Aethir has built a vast infrastructure that provides users with low latency and high-performance computing from anywhere in the world.

Injective’s Role in Tokenization

Injective will contribute its knowledge of tokenizing real-world assets to the project. The Injective platform allows the efficient and simple tokenization of the GPU computational capability. This enables users to purchase, trade, or even rent computing power in a peer-to-peer market that is not intermediated. 

The initiative builds on Injective’s financial architecture to support tokenized GPU cores. These units can be exchanged and utilized for DeFi purposes. As of press time, INJ is trading at $21.79, an 11.93% gain in the past week.

The tokenized GPU market will enable developers to get the required computation power without spending capital on purchasing specialized hardware. The pay-as-you-go strategy is the best model for making high-performance computing affordable. The GPU units can also be used as collateral or staked in the DeFi space, which provides new uses for GPU resources.

This initiative presents a new business model where resource providers can generate additional revenue. Tokenization enables them to make money from their idle resources, thus enabling them to be part of a worldwide market. This allows the users to purchase or rent GPU resources when needed, forming a flexible computing market.

The post Injective Launches First Tokenized GPU Resources with Aethir appeared first on CryptoTale.

0

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

PoolX: Locked for new tokens.
APR up to 10%. Always on, always get airdrop.
Lock now!

You may also like

‘Agents’ swarm inaugural Solana AI hackathon

Over 400 projects threw their respective hats in the ring

Blockworks2024/12/28 17:11

Trader Makes $1,1M Betting on Ethereum to Fall

HappyCoinNews2024/12/28 13:44