CandleFocus Kite AI and GAIB to open a decentralized market for compute assets
2024-12-16
Author: Content Editor
Kite AI and GAIB have announced a strategic partnership to establish a decentralized compute asset marketplace using blockchain technology. The collaboration aims to create a liquid market for compute assets, such as GPUs, and provide decentralized finance tools for stakeholders in the AI industry. The partnership is expected to empower smaller players, accelerate adoption, encourage innovation, and address issues in an industry dominated by large corporations. The collaboration will bring AI models, datasets, and agents to a decentralized platform, while GAIB will turn illiquid AI resources into tokenized, tradable assets. The partnership aims to promote a decentralized, democratic, and trustless AI economy.
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