TL; DR
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A new decentralized marketplace for GPU power is being built, giving users access to 20-30x more GPU computing power compared to existing solutions.
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This is like if Nvidia and Amazon Web Services (AWS) had a baby on the blockchain…
Confused? The same.
Let’s break things down, starting here:
You know how Nvidia started the year with a valuation of a whopping $1 trillion… and by March it was worth a whopping $2.2 trillion?
Do you know why that happened? Because people want GPUs to be able to run all kinds of AI models, games, crypto mining platforms, etc. – and Nvidia makes GPUs.
But that extra $1 trillion in additional market value is less a sign of a healthy company than an industry with limited resources. Because right now, all the GPU manufacturers in the world can’t make enough chips to meet demand.
To get around the resource bottleneck, some companies rent their computing power from the likes of AWS, which is a great service, but highly centralized and also suffers from the same resource constraints.
That’s why this new collaboration between Aethir and Theta EdgeCloud caught our attention…
They’re essentially taking the Uber approach of “You’ve got that” [constrained resource]? Join our network and earn money by sharing it.’
In the case of Uber, it involved spare seats in cars. In the case of Aethir and Theta EdgeCloud, it is GPU power.
This new marketplace will not only use blockchain to process payments and delegate GPU access, but it will also provide developers and enterprises with – get this:
Access to 20-30x more GPU computing power compared to existing solutions.
For new technology to really take hold – it cannot simply be ‘as good’ as existing solutions – it must be way better.
And it looks like this new GPU marketplace might just check those boxes.