San Francisco, California, December 16, 2024, Chainwire
Kite AI, a decentralized AI infrastructure supplier, has partnered with GAIB, the financial spine of the way forward for AI and computing, to create a decentralized AI ecosystem the place information units , high-quality computing fashions and assets are broadly accessible, leveraging blockchain for safe and truthful indexing of knowledge and the creation of a decentralized and liquid marketplace for computing belongings akin to GPUs.
The partnership goals to combine blockchain for safe information sharing and create a monetary ecosystem the place stakeholders can monetize AI-related belongings by DeFi instruments akin to GPU-backed stablecoins and lending marketplaces . By means of their collaboration, the 2 are tackling points affecting GPU computing and information essential to AI growth, that are sometimes managed by giant firms, limiting entry to smaller gamers and hindering the innovation within the sector.
“Within the age of AI, compute is the brand new foreign money, and GPUs are the brand new belongings that energy that foreign money,” stated Kony Kwong, co-founder and CEO of GAIB. “Partnering with Kite AI permits us to take away limitations that forestall individuals from getting into the market, opening up new monetary alternatives within the AI sector for everybody. »
With the proof of Attributable Intelligence Layer, Kite AI will make high-quality AI information, fashions, and brokers out there to everybody. This collaboration may even strengthen GAIB's imaginative and prescient of making liquid, yield-producing belongings based mostly on actual AI money flows, guaranteeing that the assets wanted for AI innovation are each accessible and monetizable. The GAIB financial framework, which transforms historically illiquid AI belongings into tokenized and tradable belongings, will present unprecedented monetary alternatives for information and AI gamers globally.
“We envision an AI panorama through which innovation is pushed by a various ecosystem of contributors, not monopolized by just a few giants,” stated Chi Zhang, co-founder and CEO of Kite AI. “Our partnership with GAIB is a vital step in direction of this aim. Collectively we’re constructing a decentralized, democratic and trustless AI economic system.
This partnership goals to push the AI economic system to its subsequent iteration, democratizing AI innovation and creating equitable monetary alternatives for stakeholders world wide, guaranteeing that the advantages of AI AI are accessible and truthful. Collectively, Kite AI and GAIB are laying the muse for a future the place AI innovation strikes past centralized management, unlocking the potential of all business gamers.
About Kite AI
Kite AI is layer 1 attributable intelligence proof that connects AI brokers, fashions and information. Our modern structure establishes a common framework with purpose-built identification and attribution mechanisms, enabling contributors (from companies to people) to collaboratively create, personal and monetize AI, fostering a clear and interoperable ecosystem .
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About GAIB
GAIB is the primary financial layer for AI computing, creating a brand new kind of yield-generating belongings backed by actual AI calls for. It tokenizes enterprise-grade GPUs and their yields, making a decentralized liquid marketplace for GPU financing, assembly the rising demand for high-performance computing whereas offering buyers with direct publicity to GPU belongings. The platform permits constructing quite a lot of decentralized finance (DeFi) use circumstances, together with GPU-backed stablecoins, lending and borrowing, choices and futures, and varied structured merchandise.
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This text was initially printed on Chainwire
