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io.net and Injective Collaborate to Boost Decentralized AI Integrations

io.net and Injective Collaborate to Boost Decentralized AI Integrations

Injective, a lightning-fast L1 blockchain built specifically for the financial industry, and io.net, a decentralized distributed compute network, have announced a partnership to explore the integration of Injectives iAgent AI agent framework with io.nets decentralized GPU compute network.

Injective is a layer one blockchain that is incredibly fast and interoperable, making it ideal for creating cutting-edge Web3 finance applications. To help developers create unparalleled dApps, Injective offers robust plug-and-play modules. The native asset that drives Injective and its quickly expanding ecosystem is INJ. Prominent investors Jump Crypto, Pantera, and Mark Cuban support Injective, which is incubated by Binance.

Injectives first AI agent-based SDK, iAgent, was designed to make it possible to combine blockchain operations with AI-powered features. Through AI-driven commands, iAgent enables users to transmit payments, carry out on-chain transactions, and carry out other blockchain operations using large language models (LLMs) like OpenAI. On November 19, the SDK was launched to the public.

The partnership will use io.nets distributed infrastructure, which consists of more than 10,000 cluster-ready GPUs and CPUs, to further the nexus between artificial intelligence and decentralized computing. Through the use of decentralized resources, this integration aims to provide AI practitioners the means to train, optimize, and implement machine learning models.

As part of the partnership, the two organizations will explore how io.nets decentralized GPU network and Injectives iAgent framework can enhance computational capabilities. They will also look into how Injective might use io.nets GPU pricing and data feeds in future on-chain financial products.

Tausif Ahmed, Chief Business Development Officer of io.net stated:

This collaboration reflects our shared goal of creating practical solutions for developers and engineers. By combining io.nets decentralized compute infrastructure with Injectives AI agent frameworks and tools, we aim to address key challenges in the AI and blockchain space by lowering barriers to entry for builders everywhere

Eric Chen, CEO & Co-Founder of Injective Labs stated:

AI using blockchain rails has exploded in recent months and were thrilled to see increasing adoption of iAgent bringing AI on-chain. Now having io.nets support with their decentralized compute platform to serve on-chain AI developers needs, can further expand the use cases and innovation in the burgeoning DeFAI sector.

Decentralized GPU clusters from geo-distributed sources are deployed and managed by io.net, a decentralized physical infrastructure network (DePIN). The IO Network, which is particularly designed for low latency, high processing demand use cases like cloud gaming and AI/ML operations, has hundreds of thousands of GPUs available now. io.net lowers prices, speeds up lead times, and gives engineers and companies more options while democratizing access to GPU processing resources. One may become a capacity provider at io.net or get compute capacity for a fraction of the price.

Read more: https://thenewscrypto.com/io-net-and-injective-collaborate-to-boost-decentralized-ai-integrations/

Text source: TheNewsCrypto – Blockchain & Cryptocurrency News M

Disclaimer: Financial information and news are not financial advice, read the disclaimer.
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