In a major development in the technology industry, decentralized computing network io.net has announced a groundbreaking partnership with Chainbase, an AI-specialized omnichain data network. This collaboration aims to push the boundaries of artificial intelligence (AI) and blockchain technology by combining their respective strengths to create a robust decentralized AI and data stack.
A strategic alliance for decentralized AI progress
The collaboration between io.net and Chainbase aims to explore various synergies, with a shared goal of advancing AI modeling and improving the efficiency of blockchain-based systems. At the heart of this collaboration is Chainbase’s crypto world model, Theia, which is now being trained on io.net’s distributed network known as the Internet of GPUs (IOG). The IOG is a decentralized network of GPU clusters specifically designed for demanding processing tasks such as AI and machine learning operations.
Theia, an AI model developed by Chainbase, is designed to learn from blockchain data and simulate interactions within decentralized ledgers. Through this collaboration, io.net’s powerful GPU resources will significantly increase the volume of data used to train Theia, increasing its efficiency and accuracy. The enhanced Theia model will play a crucial role in supporting a wide range of crypto-native applications, including AI-powered Web3 games, decentralized finance (DeFi) platforms, security protocols, social networks and asset management tools.
Improving the decentralized AI and data stack
In addition to training Theia, the partnership will see io.net facilitate the integration of Chainbase’s omnichain data network into its ecosystem AI projects. This integration is expected to further strengthen the development of a decentralized AI and data stack, which both companies see as the future of AI and blockchain technologies.
Tory Green, co-founder of io.net, expressed his excitement about the partnership, saying: “We are excited to partner with Chainbase, a company and team that shares our vision of democratizing access to next-generation AI and blockchain technologies. This partnership will not only strengthen our network but also accelerate the integration of decentralized AI and data solutions across multiple industries. We look forward to supporting Chainbase’s product and token in the future through our IOG and community.”
Chris Feng, co-founder and COO of Chainbase, echoed this sentiment and emphasized the strategic importance of the partnership. “Partnering with io.net is an important milestone for Chainbase as we continue to scale our AI-specialized network. By leveraging IOG’s scalable virtual clusters of GPU resources, I am confident we can boost the efficiency and scalability of our AI-driven solutions,” said Feng.
Upcoming launch of $CBT tokens and future collaboration
In addition to their work on Theia, io.net and Chainbase are working closely on the upcoming launch of Chainbase’s network token, $CBT, scheduled for later this year. As part of this initiative, eligible $IO employees with a $IO stake will have the opportunity to participate in the token launch, aligning the growth trajectories of both networks.
The engineering teams from both companies are working hand-in-hand to support the rapid development of Chainbase ahead of the launch of $CBT, ensuring the network is fully optimized for the upcoming expansion. io.net operates and manages decentralized GPU clusters within the IO Network, a decentralized physical infrastructure network (DePIN) consisting of geo-distributed GPUs from various sources.
The IO network, also known as the Internet of GPUs (IOG), provides on-demand access to hundreds of thousands of GPUs. This architecture is tailored for low-latency, high-processing use cases such as AI/ML operations and cloud gaming. io.net democratizes access to GPU computing power, lowers costs, accelerates turnaround times, and expands capabilities for engineers and businesses. For more information, visit io.net.
Chainbase, on the other hand, is the world’s largest omnichain data network, designed to integrate all blockchain data into a unified ecosystem. Chainbase provides permissionless and transparent data interoperability for the AI era, with the goal of creating a decentralized data economy where everyone can participate, contribute and be incentivized. The platform currently attracts more than 15,000 developers and 8,000 project partners and manages more than 500 billion data calls across the network. Chainbase is backed by leading investors including Matrix Partners, Hash Global, Folius Ventures and many others.
The strategic partnership between io.net and Chainbase marks an important step forward in the integration of AI and blockchain technologies. By combining their expertise and resources, the two companies are well positioned to drive innovation in decentralized AI and data solutions, paving the way for new applications and developments in the crypto world. As the partnership unfolds, the tech industry will be closely watching how this collaboration shapes the future of AI and blockchain.