Injective announced a partnership with io.net. This decentralized computing network. Injective’s innovative iAgent AI Framework will be combined with io.net’s decentralized GPU computing network. The partnership will be an important step in the integration of artificial intelligence and blockchain technologies.
Learn More about the Partnership
Injective’s iAgent is an AI-driven Software Development Kit (SDK) that plays a key role in the partnership. iAgent, which was released on November 19, simplifies blockchain operation using large-language models (LLMs), such as OpenAI’s ChatGPT. The AI commands can also be used to perform a variety of tasks such as sending payments or conducting trades on the blockchain.
Injective has taken a major step forward with this cutting-edge technology, bringing AI and decentralized finance together.
io.net brings to the table its extensive, decentralized computing system. Io.net’s network has more than 10,000 CPUs and GPUs. It is well equipped to handle high-demand computing tasks such as AI model training or cloud gaming.
The partnership will reduce costs by integrating the computing power of the iAgent Framework with blockchain applications. It will also accelerate the access to resources and improve the AI capabilities.
This collaboration holds great promise in terms of future financial products on the chain. Injective plans to integrate io.net GPU data and pricing into Injective’s decentralized financial ecosystem. The decentralized computing and AI power could enable new applications to be developed in DeFi.
The partnership has already been a success with industry leaders
Tausif Ahmad, Chief Business Developer at io.net believes the mission shared by both companies, to democratize advanced AI tools, and decentralized infrastructure, will reduce barriers for businesses and developers. Eric Chen, the CEO and co-founder of Injective Labs is equally excited by this partnership’s potential to give DeFAI (decentralized financial powered by AI), a boost.
The partnership between Injective.net and io.net will likely lead to a new definition of the relationship between AI and DeFi. This collaboration will bring GPU power to the masses, allowing developers and engineers overcome cost and scale challenges.
