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Invezz 2024-12-27 08:57:39

Injective and Aethir launch world’s first tokenized GPU marketplace

Injective, the layer-1 blockchain for everything finance, is teaming up with the decentralized cloud compute infrastructure platform Aethir to tokenize GPU resources. The initiative aims at the intersection of artificial intelligence and blockchain technology. In an announcement , Injective and Aethir said the collaboration targets making accessibility to decentralized computing power cost-effective as they power the next development phase of AI and blockchain. Injective and Aethir deal One of the key benefits of this integration is that developers and researchers can tap into their computing power by converting this into tokens on Injective. This tokenization has multiple benefits for the user community. By leveraging Injective’s blockchain infrastructure, projects can integrate tokenized GPUs into their decentralized finance ecosystems to allow for trading, staking, and collateralization among others. More importantly, developers, researchers, and institutions will have the opportunity to leverage GPU resources without having to make huge, upfront investments in hardware. What this means is that developers can purchase the exact computing power their projects need. In doing so, they will be benefiting from both affordable high-performance GPUs as well as avoiding unnecessary costs on GPU compute. Aethir and Injective’s GPU tokenization push overall brings significant gains in terms of pioneering fractional ownership, utility and composability, and real-time resource trading for the rapidly expanding marketplace. Smart contract integration and access from anywhere across the globe are also notable features. The collaboration will tap into Aethir’s infrastructure which includes more than 360,000 GPUs, over 3,000 NVIDIA H100s, and 32,000 Edge cloud nodes distributed globally. Growth across AI and crypto Injective’s collaboration with Aethir comes as the tokenization industry records significant traction . This growth in the real-world assets tokenization space also coincides with an explosion in the AI agent market. In November, Injective released a new software development kit that allows users to create their own AI agents. The L1 then teamed up with Solana Virtual Machine layer-2 Sonic in December to launch the industry’s first cross-chain AI agent platform. Meanwhile, Aethir is also pushing for further adoption across the AI and blockchain marketplaces. Recently, the platform announced a joint venture that brings together Beam Foundation, Aethir, and MetaStreet – a partnership aimed at bolstering AI and crypto-focused projects. Tactical Compute (TACOM) is the initiative these partners are looking to use to highlight these projects, providing up to $40 million in AI compute support. The post Injective and Aethir launch world’s first tokenized GPU marketplace appeared first on Invezz

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