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,

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

Thanks for the coverage TheNewsCrypto! io.net (old account) 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 Capital, Solana Labs, and more. Industry

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That's a wrap on LEAP 2024! The io.net team made a splash at the largest annual tech conference in Saudi Arabia this year, from kicking off a partnership with The Sandbox to building an even larger base of suppliers and customers for the network.

Solving the compute shortage with the largest decentralized, geo-distributed compute network. Let's bring AI to the world.

AI innovation is advancing rapidly, leading to an increased demand for computing power while simultaneously reducing GPU availability. This daily intensifying challenge motivated the establishment of io.net (old account). io.net (old account) tackles the global shortage of GPU compute by

Interested in joining the 60,000 GPU workers on io.net and building the largest AI compute DePIN in the world? Check out the installation guide from our Turkish community ambassador Okan Sarıırmak Bring AI to the world.

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Demand for GPU compute continues to rise, making it much more expensive to access GPUs. This is because GPUs are used to power the compute capabilities of AI and ML, and as AI continues to innovate, GPUs become increasingly unavailable and hence more expensive. io.net (old account)

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