Io.net provides low-cost GPU computing resources for artificial intelligence (AI) and machine learning (ML) use cases.

The platform uses Solana’s blockchain to facilitate payments to GPU and central processing unit computing providers.

The company announced the launch of its beta platform during the Solana Breakpoint conference in Amsterdam in November 2023 and has strategic partnerships such as Render Network (a DePIN network of distributed GPU suppliers aimed at sourcing GPU rendering computing).

Io.net's difference from traditional cloud providers and many data centers worldwide is its innovative ability to group GPU computing power in different geographic locations in minutes and at a low cost.

To achieve this, it developed a decentralized physical infrastructure network (DePIN) of more than 100,000 graphics processing units (GPUs) from data centers and cryptocurrency miners. There are incentive programs for GPU resource providers and compatibility with a growing number of hardware categories.

Ultimately, Io.net provides an infrastructure that democratizes access to powerful computing resources and paves the way for millions of users to earn rewards for contributing to the AI revolution.