Solana
Solana-backed AI DePIN io.net launches keynote at IO Summit
Singapore, Singapore, June 4, 2024, Chainwire
Decentralized physical infrastructure network io.net held his speech at the IO Summit. The event, which was broadcast live on June 4, covered recent milestones of the project and discussed upcoming development plans.
io.net CEO and Founder Ahmad Shadid was joined by his leadership team to present the data-rich keynote. The 40-minute show also included a number of high-profile guests such as Solana founder Anatoly Yakovenko and Dr. Avery Ching, CTO of Aptos.
io.net’s keynote updated the community on the project’s latest fundraising efforts, which raised $30 million in a Series A round in the first quarter. It also details io.net’s current valuation and its recent achievements in terms of growing adoption.
Ahmad Shadid, CEO of io.net, said: “The 2024 keynote was a great opportunity to recap our journey so far in scaling the Internet of GPUs, deploying of io.net Cloud and the strong demand that exists for a DePIN capable of operating at scale. We are grateful to our community for all their support and are excited to share our technical vision for where io.net is headed next and the role it will play in accelerating AI innovation.
io.net’s keynote concluded with the team revealing details of the key utilities being developed for its DePIN.
About io.net
io.net is a decentralized physical infrastructure network (DePIN) that deploys and manages decentralized GPU clusters on-demand from geodistributed sources. Hundreds of thousands of GPUs are accessible in IO Network today, and this Internet of GPUs is specifically designed for low-latency, high-processing-demand use cases like AI/ML operations and gaming in the cloud. io.net democratizes access to GPU computing capacity while reducing costs, accelerating timelines, and expanding choice for engineers and businesses. Access compute capacity for a fraction of the cost or become a capacity provider on io.net.
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Dan Edelstein
PR@marketacross.com