San Francisco, California, December 16, 2024, Chainwire
Kite AI, a supplier of decentralized AI infrastructure, has partnered with GAIB, the financial spine of the way forward for AI and computing, to create a decentralized AI ecosystem the place high-quality datasets, fashions and computing sources are extensively obtainable and leverage blockchain for safe, honest knowledge indexing and making a decentralized and liquid marketplace for computing property resembling GPUs.
The partnership goals to combine blockchain for safe knowledge sharing and construct a monetary ecosystem the place stakeholders can monetize AI-related property via DeFi instruments resembling GPU-backed stablecoins and lending markets. Via their collaboration, the 2 are addressing points plaguing GPU computing and knowledge essential to AI improvement, that are usually managed by giant firms, limiting entry for smaller gamers and hindering trade innovation.
“Within the period of synthetic intelligence, computing is the brand new forex, and GPUs are the brand new asset driving that forex,” mentioned Kony Kwong, co-founder and CEO of GAIB. “Partnering with Kite AI permits us to take away the obstacles that forestall folks from accessing the market, opening up new monetary alternatives within the AI trade for everybody.”
With the proof of Attributable Intelligence Layer, Kite AI will make high-quality knowledge, fashions and AI brokers obtainable to everybody. This collaboration will even assist GAIB's imaginative and prescient to create liquid income-bearing property primarily based on actual AI money flows, making certain that the sources wanted for AI innovation can be found and monetizable. GAIB's financial framework, which transforms historically illiquid AI sources into tokenized, tradable property, will present unprecedented monetary alternatives for knowledge and AI stakeholders worldwide.
“We envision an AI setting the place innovation is pushed by a various ecosystem of contributors, not monopolized by a number of giants,” mentioned Chi Zhang, Kite AI co-founder and CEO. “Our partnership with GAIB is a crucial step in the direction of this aim. Collectively, we’re constructing a decentralized, democratic and reliable AI financial system.”
This partnership is about to maneuver the AI financial system to its subsequent iteration, democratize AI innovation and create honest monetary alternatives for stakeholders around the globe, making certain that the advantages of AI are accessible and equitable. Collectively, Kite AI and GAIB are constructing the inspiration for a future the place AI innovation goes past centralized management and unlocks potential for all trade entities.
About Kite AI
Kite AI is an Attributable Intelligence Layer 1 proof that connects AI brokers, fashions and knowledge. Our progressive structure creates a common framework with purpose-built identification and attribution mechanisms, enabling contributors—from enterprises to people—to collaborate to create, personal, and monetize AI, supporting 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 earnings asset supported by actual AI necessities. It tokens enterprise-class GPUs and their revenues, creates a decentralized liquid marketplace for GPU financing, addresses the rising demand for high-performance computing, whereas giving traders direct publicity to GPU property. The platform permits quite a lot of decentralized finance (DeFi) use circumstances to be constructed on prime of, together with GPU-backed stablecoins, lending and borrowing, choices and futures, and numerous structured merchandise.
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ContactHead of Enterprise OperationsYijing ShiYijing.Shi@zettablock.com
This text was initially revealed on Chainwire
