The concept of a decentralized cloud service refers to a system that operates on a distributed network of computers rather than relying on a centralized infrastructure. io.net has recently declared its objective of establishing the most extensive Decentralized Physical Infrastructure Network (DePIN) for Artificial Intelligence (AI) on a global scale.
io.net intends to address the scarcity of GPUs for AI processing by procuring one million units from independent computing power sources. During the course of its development, it will establish the first decentralized cloud environment specifically designed for machine learning, according to the latest information shared with Finbold on October 11.
Since the rise of AI, GPU power has become an extremely valuable commodity. The price of training large-scale AI models has increased by roughly 3,100% annually, while demand for GPUs increases by a factor of 10 every 18 months. This has resulted in higher prices and longer wait times for ac
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