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The Defiant
2024-12-27 20:32:14

Aethir and Injective Partner To Launch Tokenized GPU Marketplace

Aethir, a decentralized cloud computing infrastructure provider, and Injective, a Binance-backed Layer 1 (L1) blockchain, have teamed up to launch a marketplace for tokenized graphic processing unit (GPU) resources. Aethir said the partnership aims to democratize access to GPU resources for AI development, according to a blog post published on Dec. 26. Some of the features to expect in the marketplace include fractional ownership to allow users to purchase the exact amount of resources they need, composability to enable various use cases for tokenized GPU resources like onchain lending and perpetual markets, and real-time resource trading to facilitate GPU resource buying, selling, and leasing. To continue reading this as well as other DeFi and Web3 news, visit us at thedefiant.io

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