Top Crypto AI Projects to Watch This Week: Akash Network, Numerai, yPredict
The rise of cryptocurrencies and artificial intelligence in recent years has fueled the growth of an intriguing tech hybrid – AI crypto projects.
These platforms blend the transparency of blockchain with the predictive capabilities of AI to build robust, tokenized ecosystems.
We will examine three leading examples – Akash Network, Numeraire, and yPredict – to understand the mechanics and possibilities of converging these technologies.
While adoption hurdles remain, these initiatives offer a thrilling glimpse into the new solutions and efficiencies that can be achieved by combining crypto and AI.
Decentralized cloud computing marketplace Akash Network has unveiled GPU support in its sixth mainnet upgrade, enabling providers worldwide to offer graphics processing units.
This democratizes access to the GPUs critical for artificial intelligence development but in short supply at major cloud providers like AWS and Azure.
Announced on September 1, 2023, the upgrade introduces NVIDIA GPU offerings, starting with testing focused on in-demand models like A100s and H100s.
Support for AMD and other chipmakers is planned next. Over 1300 people signed up to participate in Akash's August GPU testnet.
Akash seeks to provide permissionless and decentralized access to computing power - including GPUs - in contrast to major players who reserve top capacity for elite clients.
The network believes consumer-grade GPUs are overlooked despite abilities to run many AI models.
Other features include stable USDC payments and take rate functionality. Settlements between providers and customers can now utilize the stablecoin.
With the rapid rise of AI amplifying the demand for limited GPU resources, the introduction of Akash's upgrade is timely.
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