English
Arabic
Chinese (Simplified)
Indonesian
Russian
San Francisco, California, December sixteenth, 2024, Chainwire
Kite AI, a supplier of decentralized AI infrastructure, has partnered with GAIB, the financial spine for the way forward for AI and compute, to create a decentralized AI ecosystem the place high-quality datasets, fashions, and compute sources are extensively accessible, leveraging blockchain for safe, honest information indexing and making a decentralized and liquid marketplace for compute property like GPUs.
The partnership goals to combine blockchain for safe information sharing and construct a monetary ecosystem the place stakeholders can monetize AI-related property by DeFi instruments like GPU-backed stablecoins and lending markets. By their collaboration, each are tackling points plaguing GPU compute and information essential to AI growth which are usually managed by giant firms, proscribing entry for smaller gamers and hindering trade innovation.
“Within the AI period, compute is the brand new foreign money, and GPUs are the brand new property driving this foreign money,” mentioned Kony Kwong, Co-founder and CEO of GAIB. “Partnering with Kite AI permits us to dismantle limitations for folks to entry {the marketplace}, unlocking new monetary alternatives of the AI trade for all.”
With the proof of Attributable Intelligence Layer, Kite AI will make high-quality information, fashions, and AI brokers accessible to all. This collaboration may also additional GAIB’s imaginative and prescient of making liquid, yield-bearing property primarily based on actual AI money flows, guaranteeing that the sources required for AI innovation are each accessible and monetizable. GAIB’s financial framework, which turns historically illiquid AI sources into tokenized, tradable property, will present unprecedented monetary alternatives for information and AI stakeholders globally.
“We envision an AI panorama the place innovation is pushed by a various ecosystem of contributors, not monopolized by a number of giants,” mentioned Chi Zhang, Co-founder and CEO of Kite AI. “Our partnership with GAIB is a important step towards that purpose. Collectively, we’re constructing a decentralized, democratic, and trustless AI economic system.”
This partnership is about to push the AI economic system to its subsequent iteration, democratizing AI innovation, and creating honest monetary alternatives for stakeholders worldwide, guaranteeing 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 above centralized management, unlocking potential for all trade actors.
About Kite AI
Kite AI is the Proof of Attributable Intelligence Layer 1 that connects AI brokers, fashions and information. Our revolutionary structure establishes a common framework with purpose-built identification and attribution mechanisms, empowering contributors—from enterprises to people—to collaboratively construct, personal, and monetize AI, fostering a clear and interoperable ecosystem
Web site | X | Discord ｜Telegram
About GAIB
GAIB is the primary financial layer for AI compute, creating a brand new sort of yield bearing property backed by actual AI calls for. It tokenizes enterprise-grade GPUs and their yields, making a decentralized liquid marketplace for GPU financing, addressing the rising demand for high-performance computing whereas giving traders direct publicity to GPU property. The platform allows quite a lot of decentralized finance (DeFi) use circumstances to be constructed on high, together with GPU backed stablecoins, lending and borrowing, choices and futures, and numerous structured merchandise.
Web site | X | Telegram | Discord
ContactHead of Enterprise OperationsYijing ShiYijing.Shi@zettablock.com
This text was initially revealed on Chainwire