Aptos Labs, a well-known blockchain startup, has launched a partnership with io.net that will make artificial intelligence (AI) more accessible to everyone. By working together, Aptos Labs hopes to use io.net’s decentralized GPU computing tools to make AI and machine learning better.
Aptos Labs and io.net have joined forces to make access to AI resources less centralized. This is because venture capital companies are becoming more interested in this topic. The partnership plans to create several AI models and inference products that will be made available on the Aptos network in the future. These products will use Aptos’s infrastructure to make deals go smoothly.
Blockchain AI Handles High Volume
Notably, io.net’s generative AI tool BC8.ai already handles more than 500,000 transactions per day on the Aptos network, which is a lot of work. Because of this success, io.net has decided to work more closely with Aptos, as they both want to make AI apps less risky and less centralized.
“io.net’s vision for an accessible, decentralized, and responsible future for AI mirrors Aptos’ vision for the future of blockchain — and the next phase of the internet for billions of people.”Mo Shaikh
This relationship is part of a larger trend of investors becoming more interested in how blockchain and AI can work together. A16z Crypto’s recent study showed how these technologies might work well together, focusing on how blockchain can help balance out centralized AI systems.
“Venture capital firms are very interested in this convergence; in February, they gave over a fifth of all funding to AI companies, a total of $4.7 billion.” Based on statistics from Crunchbase, this is a substantial increase from the $2.2 billion that was invested in January and the $2.1 billion that was invested in February 2023.
