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Artificial intelligence (AI) and machine learning (ML) are two closely related technologies experiencing an unprecedented boom. The demand for AI and ML solutions is growing stronger, which also means that data and processing requirements to service AI/ML algorithms are also expanding. The performance and quality of these algorithms and models are highly dependent upon the data and processing capacity they can leverage.
At the same time, traditional computing solutions enabled by centralized providers like AWS might not be sufficient to meet the demands of the AI/ML sector. Being centralized, such providers have undue control over the processing capacity that AI/ML models need, and thus cannot scale quickly and cost-effectively when required.
io.net (IO) is a blockchain platform that addresses these challenges by serving as a vast and completely decentralized network of GPU processing power providers. AI/ML algorithms can utilize the io.net network to access the processing power accumulated by the network for model training and other purposes.
Key Takeaways:
io.net (IO) is a decentralized physical infrastructure network (DePIN) that acts as a marketplace for GPU processing capacity
One group of users on io.net contributes their machines' idle GPU capacity in exchange for crypto rewards, while another group sources this capacity for a variety of applications, primarily in the AI/ML domain
The platform's native crypto, IO, isn't yet available on the wider public market, but can be accessed on the Bybit Pre-Marketing platform