Kite AI Companions with GAIB to Create AI Market for Open Information and GPU Energy

San Francisco, California, December sixteenth, 2024, Chainwire

Kite AI, a supplier of decentralized AI infrastructure, has partnered with GAIB, the financial spine for the way forward for AI and compute, to create a decentralized AI ecosystem the place high-quality datasets, fashions, and compute sources are extensively accessible, leveraging blockchain for safe, truthful knowledge indexing and making a decentralized and liquid marketplace for compute belongings like GPUs.

The partnership goals to combine blockchain for safe knowledge sharing and construct a monetary ecosystem the place stakeholders can monetize AI-related belongings by means of DeFi instruments like GPU-backed stablecoins and lending markets. By their collaboration, each are tackling points plaguing GPU compute and knowledge essential to AI growth which can be usually managed by massive firms, limiting entry for smaller gamers and hindering trade innovation.

“Within the AI period, compute is the brand new foreign money, and GPUs are the brand new belongings driving this foreign money,” mentioned Kony Kwong, Co-founder and CEO of GAIB. “Partnering with Kite AI permits us to dismantle obstacles for folks to entry {the marketplace}, unlocking new monetary alternatives of the AI trade for all.”

With the proof of Attributable Intelligence Layer, Kite AI will make high-quality knowledge, fashions, and AI brokers accessible to all. This collaboration can even additional GAIB’s imaginative and prescient of making liquid, yield-bearing belongings based mostly on actual AI money flows, guaranteeing that the sources required for AI innovation are each accessible and monetizable. GAIB’s financial framework, which turns historically illiquid AI sources into tokenized, tradable belongings, will present unprecedented monetary alternatives for knowledge and AI stakeholders globally.

“We envision an AI panorama the place innovation is pushed by a various ecosystem of contributors, not monopolized by a couple of giants,” mentioned Chi Zhang, Co-founder and CEO of Kite AI. “Our partnership with GAIB is a important step towards that aim. Collectively, we’re constructing a decentralized, democratic, and trustless AI economic system.”

This partnership is about to push the AI economic system to its subsequent iteration, democratizing AI innovation, and creating truthful monetary alternatives for stakeholders worldwide, guaranteeing that the advantages of AI are accessible and equitable. Collectively, Kite AI and GAIB are constructing the inspiration for a future the place AI innovation goes above centralized management, unlocking potential for all trade actors.

About Kite AI

Kite AI is the Proof of Attributable Intelligence Layer 1 that connects AI brokers, fashions and knowledge. Our progressive structure establishes a common framework with purpose-built identification and attribution mechanisms, empowering contributors—from enterprises to people—to collaboratively construct, personal, and monetize AI, fostering a clear and interoperable ecosystem

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About GAIB

GAIB is the primary financial layer for AI compute, creating a brand new sort of yield bearing belongings backed by actual AI calls for. It tokenizes enterprise-grade GPUs and their yields, making a decentralized liquid marketplace for GPU financing, addressing the rising demand for high-performance computing whereas giving traders direct publicity to GPU belongings. The platform allows quite a lot of decentralized finance (DeFi) use circumstances to be constructed on prime, together with GPU backed stablecoins, lending and borrowing, choices and futures, and numerous structured merchandise.

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ContactHead of Enterprise OperationsYijing ShiYijing.Shi@zettablock.com

This text was initially printed on Chainwire