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The Delphi Podcast

Tory Green: io.net’s 500,000 GPUs Powering Crypto x AI on Solana

Apr 8, 2024
56:30
Snipd AI
Tory Green, Co-founder of Ionet on Solana, discusses solving GPU shortages in AI with a decentralized network linking underused GPUs. Their focus is on inferencing, decentralized AI, and creating a model marketplace. They aim to disrupt big tech control, cater to Series A AI firms, and expand into gaming and zero knowledge.
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Podcast summary created with Snipd AI

Quick takeaways

  • IONET aims to solve GPU shortage in AI by clustering underutilized GPUs, offering efficient AI compute services.
  • High costs and limited availability of GPUs in the cloud hinder AI development, highlighting the importance of GPU utilization.

Deep dives

IONET: Revolutionizing GPU Utilization in AI

IONET, as described in the podcast, focuses on revolutionizing GPU utilization in the AI industry. By acting as an 'Airbnb for GPUs' or a decentralized AWS, IONET addresses the crucial shortage of GPUs in the cloud, resulting in long wait times, limited choices, and high costs for AI compute. Offering a platform that taps into underutilized GPU supplies from multiple sources, IONET aims to lower costs for consumers while increasing profits for suppliers through structural arbitrage, similar to the disruption caused by Airbnb and Uber in their respective industries.

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