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

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Apr 8, 2024

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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Introduction

00:00 • 3min

The Essential Role of Specialized Hardware in AI Development

02:57 • 2min

The Evolution of IONET: Clustering GPUs for High-Performance Computing

05:08 • 8min

Empowering Creativity in AI through Decentralization and Integration with Crypto

13:27 • 9min

The Significance of AI Inferencing in Today's Market

22:26 • 7min

Harnessing the Power of Blockchain and Cryptocurrency for Decentralized AI Networks

29:08 • 18min

Empowering Teams Through Vision and Processes

46:53 • 10min

io.net is a distributed training and inference project built on Solana. They aim to solve the problem of the GPU shortage in the AI industry by building a decentralized network that connects underutilized GPUs from multiple sources. Ionet uses clustering technology to combine GPUs from different geographic locations, allowing for more efficient and cost-effective AI compute. They are attracting both web2 and web3 customers, with a focus on inferencing, which makes up the majority of the market. The goal is to decentralize the AI ecosystem and prevent big tech companies from controlling all aspects of AI. io.net is a decentralized AI network that provides GPU compute power for AI workloads. They are focused on solving the compute aspect of decentralized AI and offer a network of choice for users to perform inference, fine-tuning, and training. The team is driven by a sense of urgency and executes quickly, following operational best practices. They have a disciplined go-to-market approach, targeting Series A to seed-generated AI companies. io.net aims to be the currency at the center of decentralized AI and is exploring the possibility of building a decentralized model marketplace and expanding into other areas like gaming and zero knowledge.

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Chapters

00:00 Introduction to Ionet

01:03 Solving the GPU Shortage

13:24 Attracting Web2 and Web3 Customers

27:51 Building a Decentralized Model Marketplace

29:47 The Role of Crypto in Incentivizing Participants

32:37 Easy Onboarding for GPU Workers

34:00 Organic Demand and Onboarding Sales Process

37:20 Choice and Flexibility in Compute Options

43:22 Conquering the Three Key Stakeholders in Decentralized AI

Disclosures

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