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Aethir and partners pour $40M into decentralized infrastructure for AI and blockchain
Aethir, which under-used graphics processing units (GPUs) to decentralized companies, announced a $40 million initiative to launch TACOM.
“The Web3 side of the industry has seen a plethora of new AI startups that have managed to raise capital but it has been a struggle for them to get access to high-performance compute on demand,” said Daniel Wang, CEO of Aethir, in an interview with GamesBeat. Singapore-based Aethir delivers the backbone with its decentralized GPU network, providing scalable infrastructure critical for powering advanced AI applications and blockchain systems. Meanwhile, MetaStreet enriches the effort with developing DeFi primitives tailored for GPU and node financing, unlocking liquidity for compute hardware and driving the expansion of decentralized networks.
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