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Ionet_official has successfully raised $30 million in its Series A funding round to develop the largest decentralized GPU network globally, aiming to address the AI compute shortage. The funding was led by Hack VC with contributions from Multicoin Capital, 6th Man Ventures, M13, Delphi Digital, and Solana Labs. Ionet_official aims to offer a decentralized AWS for ML training on GPUs, with positive sentiments and support from various investors and industry experts.
.@ionet_official is building a global decentralized GPU network to provide computing power to resource-intensive AI companies. M13 is excited to back @shadid_io, @MTorygreen & the whole team! Read about the funding & what it means for #crypto in @Reuters: https://t.co/HnDD6mxYvC
Congratulations to @ionet_official on their Series A raise! We're incredibly excited to work with @shadid_io and the IO Net team to build the future of decentralized AI - as compute partners on the @rendernetwork and as investors through @otoy!
CRYPTO-AI PROJECT IONET RAISES $30 MILLION FOR “LARGEST DECENTRALIZED GPU NETWORK IN THE WORLD” - The @Solana based @ionet_official has just announced the close of a whopping $30 million funding round with participation from some of the best investors in the industry, as… https://t.co/4DGJUJxiax
