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IONET Partners with Aptos Labs to Revolutionize Artificial Intelligence and Blockchain Integration
IONET, a decentralized AI computing and cloud platform, has announced a significant partnership with Aptos Labs. Through this collaboration, IONET aims to leverage blockchain technology to create a transparent and immutable registry of assets and creations developed by artificial intelligence. This partnership marks a strategic step towards integrating advanced AI capabilities with a robust blockchain infrastructure.
As part of the partnership, IONET launched its generative AI product, BC8, on the Aptos platform. Ahmad Shadid, founder and CEO of IONET, communicated through a YouTube video that the company is ready to revolutionize the artificial intelligence and computing industry with this new venture. Shadid outlined three key discoveries that he believes will transform perceptions of artificial intelligence, computing and cryptocurrency.
Innovations and vision for the future
Shadid emphasized that IONET is focused on expanding the Internet of GPUs (IOG), touted as the world’s largest Internet computing network. He explained that IONET is creating an ecosystem where computers can seamlessly access the central currency, offering a full suite of services for building, training and deploying machine learning models at scale. Essentially, IO represents the currency of computing power, similar to how the USD serves as the standard for all transactions. IO Coin aims to unlock global computing resources and become the universal medium of exchange for large AI startups around the world.
Avery Ching, co-founder and CTO of Aptos Labs, highlighted that IONET’s vision of a cyber currency aligns well with Aptos’ technical capabilities. He noted that Aptos provides a safer, faster, and more efficient platform for developers, allowing IONET to focus more on innovation rather than navigating the complexities of blockchain infrastructure. Ching also said that Aptos demonstrated its high speed and scalability by processing a record 2 billion transactions in a single day and over 25,000 transactions per second.
Both Shadid and Ching recognized that the future of AI is intertwined with Web3 and decentralization. They believe that decentralized physical infrastructure networks like IONET are essential to ensuring that AI products and services are accessible globally. This partnership is also expected to increase the visibility and adoption of APT, Aptos’ native coin, which has already seen an increase of 0.8% to $9,186 in a 24-hour period.
Improve safety and reduce costs
The partnership with Aptos follows IONET’s previous collaboration with Mind Network. This previous partnership involved integrating Mind Network’s advanced Fully Homomorphic Encryption (FHE) solution into IONET’s decentralized computing platform to improve product security and address the global GPU shortage. This integration is expected to enhance IONET’s ability to provide secure and scalable AI solutions.
Additionally, the partnership with Aptos is expected to reduce operational expenses for AI calculations, making cutting-edge AI technologies more accessible to startups. This is especially significant for AI startups, which often face budget constraints. By reducing costs, the collaboration aims to provide financial relief to established entities burdened by the high costs of AI development.
In addition to these strategic partnerships, IONET announced in May an expansion of its GPU infrastructure in collaboration with Aethir, a leading enterprise-grade GPU-as-a-service provider focused on artificial intelligence. This expansion highlights IONET’s ongoing efforts to improve its blockchain computing and AI capabilities, as reported by Crypto News Flash.
A new era of decentralized AI computing
The partnership between IONET and Aptos Labs represents a pivotal moment in the evolution of AI and blockchain technology. By combining IONET’s decentralized AI computing platform with Aptos’ advanced blockchain infrastructure, the collaboration aims to create a more efficient, secure and scalable ecosystem for AI development. This alliance is poised to drive significant advancements in the field, making AI technologies more accessible and cost-effective for startups and established companies alike. As the partnership progresses, it is expected to set new standards for the integration of AI and blockchain, paving the way for future innovations in the industry.