๐๐ฝ๐๐ผ๐ ๐๐ฎ๐ฏ๐ ๐ต๐ฎ๐ ๐ถ๐ป๐ธ๐ฒ๐ฑ ๐ฎ ๐ฝ๐ฎ๐ฟ๐๐ป๐ฒ๐ฟ๐๐ต๐ถ๐ฝ ๐๐ถ๐๐ต ๐ถ๐ผ.๐ป๐ฒ๐ ๐๐ผ ๐ฒ๐ป๐ต๐ฎ๐ป๐ฐ๐ฒ ๐ฎ๐ฐ๐ฐ๐ฒ๐๐ ๐๐ผ ๐๐ฐ๐ฎ๐น๐ฎ๐ฏ๐น๐ฒ ๐๐ฃ๐จ ๐ฟ๐ฒ๐๐ผ๐๐ฟ๐ฐ๐ฒ๐ ๐ถ๐ป ๐ฎ ๐ฏ๐ถ๐ฑ ๐๐ผ ๐ฏ๐ผ๐ผ๐๐ ๐๐ ๐ฎ๐ป๐ฑ ๐บ๐ฎ๐ฐ๐ต๐ถ๐ป๐ฒ ๐น๐ฒ๐ฎ๐ฟ๐ป๐ถ๐ป๐ด ๐ฐ๐ฎ๐ฝ๐ฎ๐ฏ๐ถ๐น๐ถ๐๐ถ๐ฒ๐.
Aptos Labs, the firm behind theย Aptosย blockchain ecosystem, has entered into a partnership with io.net, a provider of decentralized GPU compute solutions in a bid to decentralize access to artificial intelligence (AI) resources as more venture capital firms are taking aim at the rapidly growing technology.
According to a press release shared with crypto.news, io.net and Aptos Labs will collaborate on developing a suite of AI models and inference products for their future release on the Aptos network. These future offerings will apparently leverage the Aptos network to facilitate payments.
The press release notes that io.netโs generative AI product dubbed BC8.ai is already using Aptos to โprocess over 500,000 transactions a day,โ which is why io.net decided to deepen its collaboration with Aptos. Aptos Labs head Mo S. emphasized the shared vision of io.net and Aptos, saying both entities aim to de-risk and decentralize AI applications on the Aptos platform.
โ๐ช๐ฐ.๐ฏ๐ฆ๐ตโ๐ด ๐ท๐ช๐ด๐ช๐ฐ๐ฏ ๐ง๐ฐ๐ณ ๐ข๐ฏ ๐ข๐ค๐ค๐ฆ๐ด๐ด๐ช๐ฃ๐ญ๐ฆ, ๐ฅ๐ฆ๐ค๐ฆ๐ฏ๐ต๐ณ๐ข๐ญ๐ช๐ป๐ฆ๐ฅ, ๐ข๐ฏ๐ฅ ๐ณ๐ฆ๐ด๐ฑ๐ฐ๐ฏ๐ด๐ช๐ฃ๐ญ๐ฆ ๐ง๐ถ๐ต๐ถ๐ณ๐ฆ ๐ง๐ฐ๐ณ ๐๐ ๐ฎ๐ช๐ณ๐ณ๐ฐ๐ณ๐ด ๐๐ฑ๐ต๐ฐ๐ดโ ๐ท๐ช๐ด๐ช๐ฐ๐ฏ ๐ง๐ฐ๐ณ ๐ต๐ฉ๐ฆ ๐ง๐ถ๐ต๐ถ๐ณ๐ฆ ๐ฐ๐ง ๐ฃ๐ญ๐ฐ๐ค๐ฌ๐ค๐ฉ๐ข๐ช๐ฏ โ ๐ข๐ฏ๐ฅ ๐ต๐ฉ๐ฆ ๐ฏ๐ฆ๐น๐ต ๐ฑ๐ฉ๐ข๐ด๐ฆ ๐ฐ๐ง ๐ต๐ฉ๐ฆ ๐ช๐ฏ๐ต๐ฆ๐ณ๐ฏ๐ฆ๐ต ๐ง๐ฐ๐ณ ๐ฃ๐ช๐ญ๐ญ๐ช๐ฐ๐ฏ๐ด ๐ฐ๐ง ๐ฑ๐ฆ๐ฐ๐ฑ๐ญ๐ฆ.โ
๐๐ฐ ๐๐ฉ๐ข๐ช๐ฌ๐ฉ
Aptosโ latest partnership aligns with investorsโ increasing interest in the potential synergies between blockchain and AI. In December 2023, analysts at the crypto venture giant a16z crypto released aย research paperย outlining key areas where blockchain technology could complement artificial intelligence. They particularly emphasized that blockchain networks could serve as a โcounterbalancing force to centralized AI,โ fostering multi-sided, global, permissionless markets where anyone can contribute.
Meanwhile, venture capital firms are showing heightened interest in this intersection, with over a fifth of all venture funding in February allocated to AI companies, totaling $4.7 billion in investments. This marked a significant increase from the $2.2 billion invested in AI companies in January and the $2.1 billion invested in February 2023, according toย dataย from Crunchbase.
