io.net, a decentralized computing expert, and KREA, an AI image and video platform, have partnered in a noteworthy partnership for AI-powered multimedia creation.
With this collaboration, KREA will be able to provide computational capabilities for its AI projects to a wider range of clients, including industry heavyweights like Nike (NYSE:NKE), Apple (NASDAQ:AAPL), FC Barcelona, Publicis Group, and Meta (NASDAQ:META).
The statement reads:
“In onboarding GPU providers and consumers, io.net is powering a two-sided network for compute. In addition to allowing AI-based startups to flourish, this arrangement ensures that idle computing power is used efficiently, allowing GPU owners such as crypto miners to maximize revenue. io.net ultimately aims to create a network of one million GPUs, allowing its clients to complete AI/ML computational tasks on demand.”
KREA is unique in the generative art space since it provides a platform that makes it simple and fast for users to produce AI-powered pictures and videos. More than 2,500 machine learning models are included to provide this capability, satisfying the demands of top design firms and global brands.
The collaboration attempts to solve the issues KREA has because of the worldwide GPU scarcity, which is a problem since GPUs are needed for AI operations’ computation. In particular, io.net will provide KREA with GPUs from NVIDIA (NASDAQ:NVDA) A100-80Gs, which are compatible with Kubernetes, a platform that machine learning experts often utilize.
It is anticipated that this arrangement would improve KREA’s capacity to handle high-quality multimedia information, enabling quick scalability and satisfying the growing needs of its network. The collaboration also demonstrates io.net’s capacity to provide GPU computing resources at prices that are competitive.
NVIDIA A100-80GB clusters will be available to KREA for $0.89 per hour, which is over 70% less expensive than the market rate of $3 per hour. It is claimed that by lowering operating expenses, this price approach would maintain AI platforms’ competitive positioning in the market.
The world’s biggest Decentralized Physical Infrastructure Network (DePIN) with an AI emphasis has been developed by io.net, which has created a decentralized network of over 300,000 GPU vendors from 139 countries. In order to maximize GPU owners’ income and promote the use of idle processing capacity, this network offers scalable and reasonably priced computing solutions.