Get the latest tech news
Aethir Catalyst will invest $100M in AI and gaming startups using decentralized GPUs
Aethir, a decentralized GPU cloud computing company, will invest $100 million in AI and gaming companies as part of its Aethir Ecosystem fund.
The program aims to support startups and enterprises with significant compute needs, particularly those integrating AI or developing high-traction gaming projects in communities that would otherwise face challenges accessing affordable, high-performance GPU resources. This combination of grants and subsidies ensures that developers, from bootstrapped startups to more established organizations, can access the compute resources necessary through Aethir’s platform to advance their projects without compromising on growth due to budget constraints. Complementing the ecosystem programs, Aethir is launching a new business line through their Edge network, expanding its infrastructure to support more complex AI workloads and enhancing the scalability of enterprise-level social media platforms.
Or read this on Venture Beat