io.net and NetMind.AI have announced a new strategic partnership to boost the capabilities of artificial intelligence (AI) and machine learning (ML), as per the latest updates disclosed to Finbold on August 12.
The collaboration will allow the duo to harness the strengths of both companies to deliver powerful yet cost-effective AI solutions to benefit users across the board.
More efficient scaling
io.net’s robust graphical processing unit (GPU) resources and NetMind.AI’s decentralized computing power allow the two companies to scale their operations efficiently.
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io.net will provide additional GPU support to NetMind during peak times, making sure users have access to the necessary computational power.
In return, NetMind will integrate its decentralized resources into io.net’s network to improve its distributed infrastructure.
Kai Zou, NetMind.AI CEO, highlighted the potential of the partnership, stating:
“This collaboration with io.net allows us to offer even more computational power to our users. By combining our resources, we aim to reduce costs while providing high-performance computing power, aligning with our commitment to democratise AI development.”
Tory Green, CEO of io.net, echoed this optimism, stating:
“Working with NetMind strengthens our ability to support a wide range of ML tasks. We’re excited to advance AI technologies together and create new opportunities for developers and businesses.”
With access to a vast array of GPUs, io.net is designed for low-latency AI/ML operations, io.net not only cuts costs but also speeds up project timelines.
Committed to making AI accessible and affordable, NetMind Power is thus in the perfect position to leverage io.net’s capabilities to make expensive AI systems available to a broader audience.
