San Francisco, CA, December 16, 2024, Chainwire
Kite AI, a supplier of decentralized AI infrastructure, companions with GAIB, the long run financial spine of AI and computing, to leverage blockchain to broadly entry high-quality datasets, fashions, and computing assets Now we have constructed a decentralized AI ecosystem that may. Safe and honest indexing of information and making a decentralized and liquid marketplace for computing belongings reminiscent of GPUs.
The partnership will combine blockchain to allow safe knowledge sharing and create a monetary ecosystem the place stakeholders can monetize AI-related belongings by means of DeFi instruments reminiscent of GPU-powered stablecoins and lending markets. The aim is to. By way of their collaboration, the businesses are tackling the problems plaguing GPU computing and knowledge important to AI growth, that are sometimes managed by massive firms, limiting entry for small companies and hindering trade innovation. .
“Within the AI period, computing is the brand new foreign money, and GPUs are the brand new asset powering this foreign money,” stated Kony Kwong, co-founder and CEO of GAIB. “By partnering with Kite AI, we will take away boundaries for individuals to entry the market and unlock new financial alternatives within the AI trade for everybody.”
With proof of Attributable Intelligence Layer, Kite AI makes high-quality knowledge, fashions, and AI brokers accessible to everybody. The partnership additionally helps GAIB's imaginative and prescient to create liquid, worthwhile belongings based mostly on precise AI money flows and make sure the assets wanted for AI innovation are accessible and monetizable. We are going to promote. GAIB's financial framework, which transforms conventional illiquid AI assets into tokenized, tradable belongings, offers unprecedented financial alternatives for knowledge and AI stakeholders around the globe.
“We envision a world of AI the place innovation is pushed by a various ecosystem of contributors, relatively than dominated by a couple of large firms,” stated Chi, co-founder and CEO of Kite AI. Zhang stated. “Our partnership with GAIB is a crucial step towards that purpose. Collectively, we’re constructing a decentralized, democratic, and trustless AI financial system.”
This partnership will take the AI financial system to the subsequent stage, democratizing AI innovation, creating honest financial alternatives for stakeholders around the globe, and making certain the advantages of AI can be found and equitable. I plan to make it. Collectively, Kite AI and GAIB are constructing the inspiration for a future the place AI innovation strikes past central management and unlocks potential for all trade gamers.
About Kite AI
Kite AI is a Proof of Attributable Intelligence layer 1 that connects AI brokers, fashions, and knowledge. Our progressive structure establishes a common framework with devoted id and attribution mechanisms, permitting contributors starting from companies to people to collaborate to construct, personal, and monetize AI. , fostering a clear and interoperable ecosystem.
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About GAIB
GAIB is the primary financial layer of AI computing, creating a brand new sort of yielding asset backed by actual AI demand. Tokenize enterprise-grade GPUs and their yields, making a decentralized liquidity marketplace for GPU financing and offering traders with direct publicity to GPU belongings whereas assembly the rising demand for high-performance computing. The platform permits a wide range of decentralized finance (DeFi) use instances to be constructed on prime of it, together with GPU-powered stablecoins, lending and borrowing, choices and futures, and varied structured merchandise.
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contactEnterprise operations supervisorYijing Sea[email protected]
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