In order to develop more advanced AI technology decentralized network io.net joins Synesis One to do just that.
A strategic partnership was established between io.net, a decentralized network, and Synesis One, the inaugural Train2Earn platform on Solana. Synesis One is a data crowdsourcing platform, as stated on its official website, where users can generate $SNS by completing micro-tasks that train artificial intelligence.
AI Development is Crucial in Synesis One Collaboration with io.net
io.net, which announced its decentralized Physical Infrastructure Network (DePIN) for AI last year, enabling its tools to facilitate access to affordable Graphics Processing Units (GPUs).
io.net Cloud provides the infrastructure and architecture for deploying decentralized GPU clusters in multiple locations. Through this partnership, Io.net’s sophisticated decentralized computing network will train machine learning models for Synesis One’s enterprise clients.
The overarching objective is to streamline and increase the accessibility of AI model development. The alliance accelerates decentralized model training by utilizing io.net’s extensive GPU clusters; this is a watershed moment for the AI ecosystem. Furthermore, this signifies the initiation of concentrating endeavors on integrating and exploiting their technologies to advance the AI domain as a whole.
The new alliance was formed less than two months after io.net signed a contract with Ritual, an AI-focused Decentralized Finance (DeFi) protocol. Specifically, the collaboration necessitated that both platforms utilize their respective capabilities, resources, and expertise to foster innovation and improve accessibility within the worldwide domain of AI computing.
io.net utilized Ritual’s Infernet SDK, Infernet node client, and Ritual Chain components as part of the agreement.
Using decentralization to displace centralized systems
Decentralization is a priority for both Synesis One and io.net in their collaboration; thus, they are dedicated to decreasing reliance on centralized systems. This pivot will enhance AI’s data privacy and security over time. As for the partnership with io.net, Synesis One’s chief executive officer, Isaac Bang, stated the following.
“As we onboard several large clients, we must develop custom ML models for certain initiatives due to their scope. “Being among the first to leverage the capabilities of distributed computing with io.net for enterprise AI solutions is inspiring,” he said.
Synesis One and io.net will collaborate to advance the investigation of integrated solutions, specifically focusing on those customized to meet enterprise customers’ requirements. The alliance between the two entities is founded upon such solutions’ prioritization of scalability, security, and operational efficiency.
The strategic alliance embodies the mutual dedication to augmenting the domain of AI development by utilizing cutting-edge and decentralized technological solutions. These solutions contend with existing centralized solutions and offer organizations that adopt them additional value.
Overall, the AI industry is acquiring tremendous traction, with numerous leading technology companies expressing interest in cutting-edge technology.
