How would a project that combines the hottest technological concepts of AI and the popular blockchain sector, DePIN? Today, let’s discuss such a project that inherently carries topics and buzz—io.net.
io.net is a decentralized GPU network built on Solana designed to give unlimited computing power to ML/AI applications. In March this year, io.net raised $30 million in a Series A funding round, bringing its total funding to $40 million, including last year’s seed round, with a latest valuation of $1 billion. Investors include Hack VC (Series A lead), Multicoin Capital, Delphi Digital, Foresight Ventures, Animoca Brands, Continue Capital, Solana Ventures, Aptos, LongHash Ventures, OKX Ventures, Amber Group, SevenX Ventures, and ArkStream Capital, etc.
