IONET and Aptos Labs Enter Partnership to Revolutionize AI with Blockchain

Bittime - IONET, a decentralized AI and cloud computing platform, has announced a strategic partnership with Aptos Labs to explore the potential of blockchain in providing a transparent and immutable record of AI-generated assets and creations.

BC8 launches at Aptos

As part of this collaboration, IONET has launched its generative AI product, BC8, on the Aptos blockchain. Ahmed Shadid, founder and CEO of IONET, shared in a video on YouTube that his team aims to revolutionize the AI ​​and computing industry. He introduced three key innovations that promise to change perceptions about AI, computing, and cryptocurrency. IONET is committed to developing the Internet of GPUs (IOG), envisioned as the world's largest web computing network.

IONET and Machine Learning

Shadid explained that IONET is building an ecosystem where computers can utilize a central currency. This system provides a suite of services for creating, training, and deploying machine learning models at scale, directly on-chain. IO tokens serve as a global standard for unlocking computing resources, similar to how USD functions in financial transactions. The goal is for IO to become a universal medium of exchange for large AI startups around the world.

IONET collaboration with APTOS

Aptos Labs co-founder and CTO, Avery Ching, praised IONET's vision, highlighting Aptos' technical excellence in providing a safer, faster, and more efficient platform for developers. This partnership will allow IONET to focus on innovation rather than blockchain infrastructure management. Ching noted that Aptos has demonstrated its high speed and scalability, handling a record 2 billion transactions in a single day and more than 25,000 transactions per second.

Shadid and Ching Agree on Web3

Both Shadid and Ching agree that the future of AI is closely tied to Web3 and decentralization. “Decentralized physical infrastructure networks like IONET are laying the foundation to ensure AI services are accessible to everyone around the world,” added Ching.

This collaboration is expected to boost Aptos' native coin, APT, which has seen an increase of 0.8% in the last 24 hours, reaching $9,186.

Expanding AI Capabilities

This partnership with Aptos follows IONET's recent collaboration with Mind Network. As reported by Crypto News Flash, Mind Network is bringing its advanced Fully Homomorphic Encryption (FHE) solution to enhance IONET's decentralized computing platform, improving product security and addressing the global GPU shortage.

The Role of AI is Expected to Reduce Operational Costs

This collaboration is expected to reduce operational costs for AI computing, making advanced AI technology more accessible to startups. This is especially important because many AI startups face financial constraints. Therefore, this partnership aims to provide financial assistance to these entities, reducing the high costs associated with AI development.

IONET also Partners with Aethir

In May, IONET announced the expansion of its GPU infrastructure in partnership with Aethir, a leading enterprise-level AI-focused GPU-as-a-service provider. According to a previous report by Crypto News Flash, this is an important milestone in IONET's efforts to advance blockchain computing and AI capabilities.

IONET Partnership with Aptos Labs

Marks a major step forward in integrating blockchain with AI. By leveraging Aptos' advanced blockchain technology, IONET aims to push the boundaries of decentralized AI, making it more accessible and efficient for global users.

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