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Aethir’s GPU-as-a-Service Hits $36M Revenue with 10% Monthly Growth

Aethir, a provider of decentralized cloud infrastructure, has announced $36 million in revenue over the past year, with a 10% month-on-month growth. The rise in demand for AI, cloud gaming, and edge computing power is fueling the expansion of Aethir’s decentralized GPU network.

Aethir claims to be the world’s only enterprise-grade decentralized GPU-as-a-service network. It offers highly scalable GPU computing services at up to 60% lower costs compared to competitors like Amazon Web Services, by utilizing distributed infrastructure that taps into idle GPUs.

The company sources its GPU capacity from tier 3 and tier 4 data centers, which are among the highest quality and are expected to have an uptime of 99.982%. Aethir co-founder and head of strategy, Mark Rydon, commented:

This milestone shows there is a growing need for more accessible computing resources. A decentralized, collective resource pool can provide a more robust, flexible, and affordable infrastructure for GPU-intensive tasks.

Aethir’s GPU power supports various projects, including TensorOpera AI, which used it to train a 750-million-parameter AI model for 30 days straight. The service is also integrated into game development and publishing platforms such as Sequence, MetaGravity, and GameSwift.

Summary Review: Aethir’s impressive growth and broad adoption highlight the increasing demand for decentralized computing resources. As more industries seek costeffective and scalable solutions, Aethir is positioned to play a significant role in the future of GPU computing.

Disclaimer: Remember that nothing in this article and everything under the responsibility of Web30 News should be interpreted as financial advice. The information provided is for entertainment and educational purposes only. Investing in cryptocurrency involves inherent risks and potential investors should be aware that capital is at risk and returns are never guaranteed. It is imperative that you conduct thorough research and consult with a qualified financial advisor before making any investment decision.

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