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io.net Forms Strategic Partnership With ParallelAI to Enhance Decentralized Compute for Generative AI

Michael Abadha Blockchain market writer
    Summary:
  • ParallelAI accelerates AI innovation and enables developers to oversee parallel computing across multiple GPUs and CPUs.

GPU DePIN io.net has announced that it has entered into a strategic partnership with ParallelAI, the leading provider of parallel processing optimization solutions for AI developers. The collaboration between the two entities will see io.net’s decentralized GPU compute deeply integrated into ParallelAI’s platform.

Through partnering with io.net, ParallelAI will significantly expand upon the GPU compute it currently accesses through IO Cloud in the form of A100s. This will enable ParallelAI to scale its platform to provide AI developers with the compute they require for tasks such as LLM training, running inference on trained models, and distributed deep learning.

Under the terms of the partnership, io.net and ParallelAI will also collaborate on research and development. Through combining their respective resources and expertise, the partners will aim to push the technical frontiers of GPU cloud computing and develop solutions that set new benchmarks for performance and efficiency.

ParallelAI accelerates AI innovation by allowing developers to write high-level code before entrusting ParallelAI to oversee the parallel computing across multiple GPUs and CPUs. This can slash computational time by up to 20x and significantly reduce costs.

Through accessing decentralized GPU clusters on demand through IO Cloud, ParallelAI will be able to scale its business without experiencing bottlenecks or service disruption. As a result, ParallelAI clients can enjoy certainty of access and the ability to access compute to efficiently process intensive AI workloads. IO Cloud provides computing power for AI use cases with savings of up to 90% compared to traditional cloud services.

The partnership with io.net will allow ParallelAI to grow its share of the AI/ML developer market while minimizing hardware investment and infrastructure management. It will also drive innovation within the decentralized AI space through the development of joint technologies between io.net and ParallelAI that have the potential to power the next wave of transformative AI solutions.

About io.net

io.net is a decentralized distributed compute network that enables ML engineers to deploy a GPU cluster of any scale within seconds at a fraction of the cost of centralized cloud providers. io.net sources compute resources from multiple locations and deploys them into a single cluster at massive scale. io.net has successfully supported training, fine-tuning, and inference for a wide range of ML models.

About ParallelAI

ParallelAI is an advanced AI language platform to improve the use of compute resources. Made for businesses facing performance issues, ParallelAI uses cutting-edge parallel processing techniques to increase efficiency, helping organizations get more done while reducing the need for large infrastructures.

Learn more: https://www.parallelai.tech/

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