Join our daily and weekly newsletters for the latest updates and exclusive content on industry-leading AI coverage. Learn More
Aethir Launches Tactical Compute Initiative with $40 Million Investment
Aethir, a provider of under-used graphics processing units (GPUs) to decentralized companies, has announced a $40 million initiative to introduce Tactical Compute (TACOM).
Collaborating with partners like Beam Foundation, Sophon Foundation, and Permian Labs, Aethir aims to address the growing demand for scalable compute infrastructure by utilizing decentralized technology to merge traditional compute economics with tokenized and distributed solutions.
The Growing Demand for Computing Power
The rise in AI-powered consumer applications, adaptive gaming experiences, and decentralized systems has created an unprecedented need for computing power. The global AI infrastructure market is projected to surpass $197.39 billion by 2030.
In today’s market, there is often a shortage of GPUs for new enterprises to purchase. However, larger enterprises with excess GPUs can partner with providers like Aethir to match these resources with companies in need. TACOM aims to facilitate and accelerate such partnerships.
According to Daniel Wang, CEO of Aethir, many AI startups struggle to access high-performance compute on demand. TACOM seeks to tokenize GPU resource access through a decentralized system, focusing on opportunities like hardware financing, yield arbitrage, and network bootstrapping.
Revolutionizing AI and Decentralized Technology
The collaboration between Aethir, Beam Foundation, and MetaStreet aims to redefine the landscape of AI and decentralized technology. Aethir’s decentralized GPU network, combined with the expertise of its partners, will drive innovation in AI applications and blockchain systems.
MetaStreet’s DeFi primitives for node and GPU financing, along with Sophon’s infrastructure deployment, will further enhance TACOM’s vision of bridging compute infrastructure with consumer-facing applications in gaming and AI.
Wang emphasized that this initiative will streamline customer onboarding and secure additional compute resources for startups and AI companies. Despite the volatility in the Web3 sector, Aethir’s strong foundation treasury enables it to support companies in scaling their operations.
FAQs:
What is TACOM’s main objective?
TACOM aims to address the global surge in demand for scalable compute infrastructure by leveraging decentralized technology to bridge traditional compute economics with tokenized and distributed solutions.
How does Aethir plan to support AI startups?
Aethir provides under-used GPUs to decentralized companies, facilitating access to high-performance compute on demand for AI startups that struggle to secure such resources.
What sets TACOM apart in the market?
TACOM introduces a tokenized framework for GPU resource access, focusing on opportunities like hardware financing, yield arbitrage, and network bootstrapping to meet the evolving demands of AI and blockchain technology.
Credit: venturebeat.com