In a significant development in the tech industry, decentralized compute network io.net has announced a groundbreaking partnership with Chainbase, an AI-specialized omnichain data network. This collaboration aims to push the boundaries of artificial intelligence (AI) and blockchain technology by combining their respective strengths to create a robust decentralized AI and data stack.
A Strategic Alliance for Decentralized AI Advancements
The partnership between io.net and Chainbase is set to explore several synergies, with a shared objective of advancing AI modeling and enhancing the efficiency of blockchain-based systems. At the core of this collaboration is Chainbase’s crypto world model, Theia, which is now being trained on io.net’s distributed network, known as the Internet of GPUs (IOG). The IOG is a decentralized network of GPU clusters, specifically designed for high-demand processing tasks such as AI and machine learning operations.
Theia, an AI model engineered by Chainbase, is designed to learn from blockchain data and simulate interactions within decentralized ledgers. Through this partnership, io.net’s powerful GPU resources will significantly expand the data volume used to train Theia, thereby increasing its efficiency and accuracy. The improved Theia model will play a crucial role in supporting a wide array of crypto-native applications, including AI-powered Web3 games, decentralized finance (DeFi) platforms, security protocols, social networks, and asset management tools.
Enhancing the Decentralized AI and Data Stack
In addition to training Theia, the partnership will see io.net facilitating the integration of Chainbase’s omnichain data network into its ecosystem AI projects. This integration is expected to further strengthen the development of a decentralized AI and data stack, which both companies envision as the future of AI and blockchain technologies.
Tory Green, Co-founder of io.net, expressed his excitement about the partnership, stating, “We are thrilled to collaborate with Chainbase, a company and team that shares our vision of democratizing access to next-gen AI and blockchain technologies. As well as strengthening our network, this partnership will accelerate the integration of decentralized AI and data solutions across multiple industries. We are looking forward to supporting Chainbase’s product and token through our IOG and community going forward.”
Chris Feng, Co-founder and COO of Chainbase, echoed this sentiment, highlighting the strategic importance of the collaboration. “Partnering with io.net is a major milestone for Chainbase as we continue to scale our AI-specialized network. By leveraging IOG’s scalable virtual clusters of GPU resources, I am confident that we can turbo-charge the efficiency and scalability of our AI-driven solutions,” Feng remarked.
Upcoming $CBT Token Launch and Future Collaboration
Beyond their work on Theia, io.net and Chainbase are closely collaborating on the upcoming launch of Chainbase’s network token, $CBT, which is scheduled for later this year. As part of this initiative, eligible $IO Workers with staked $IO will have the opportunity to participate in the token launch, aligning the growth trajectories of both networks.
The technical teams from both companies are working hand-in-hand to support Chainbase’s rapid development ahead of the $CBT launch, ensuring that the network is fully optimized for its forthcoming expansion. io.net operates and manages decentralized GPU clusters within the IO Network, a decentralized physical infrastructure network (DePIN) comprising geo-distributed GPUs from various sources.
The IO Network, also known as the Internet of GPUs (IOG), offers on-demand access to hundreds of thousands of GPUs. This architecture is tailored for low-latency, high-processing-demand use cases, such as AI/ML operations and cloud gaming. io.net democratizes access to GPU compute capacity, reducing costs, expediting lead times, and expanding options for engineers and businesses. For more information, visit io.net.
Chainbase, on the other hand, is the world’s largest omnichain data network, designed to integrate all blockchain data into a unified ecosystem. Chainbase provides permissionless and transparent data interoperability for the AI era, with the aim of creating a decentralized data economy where anyone can participate, contribute, and be incentivized. The platform currently attracts over 15,000 developers and 8,000 project partners, managing more than 500 billion data calls within its network. Chainbase is backed by prominent investors, including Matrix Partners, Hash Global, Folius Ventures, and many others.
The strategic partnership between io.net and Chainbase marks a significant step forward in the integration of AI and blockchain technologies. By combining their expertise and resources, the two companies are well-positioned to drive innovation in decentralized AI and data solutions, paving the way for new applications and advancements in the crypto world. As the partnership unfolds, the tech industry will be watching closely to see how this collaboration shapes the future of AI and blockchain.