Latest DePIN AI News

In a world where AI and automation are reshaping labor markets, the concept of Universal Basic Compute (UBC) emerges as a forward-thinking solution. Unlike Universal Basic Income (UBI), UBC aims to provide individuals with a share of advanced computational power to fuel productivity and creativity. OpenAI CEO Sam Altman introduced the idea, envisioning a post-AGI era where traditional jobs may become obsolete. Leveraging decentralized physical infrastructure networks (DePINs), UBC could democratize access to computational resources, challenging the dominance of tech giants in the GPU market. While industry resistance remains a barrier, the potential benefits of UBC in empowering individuals with wealth-building tools and addressing the AI-GPU gap are significant.

Polygon Ventures and Amber Group co-led a funding round for Edge Matric Chain (EMC), a project focusing on decentralized AI applications. EMC plans to launch a Layer-1 blockchain for AI, enhancing GPU computing capabilities. The investment will introduce a new asset class in decentralized finance, backed by tokenized GPU resources. This move signifies Polygon's deeper expansion into AI and DePIN sectors. The rise of AI and DePIN is a top trend in 2024, with projections of adding $20 trillion to global GDP by 2030. UAE firms have launched a $500 million fund for DePIN and AI development, while Vitalik Buterin sees DePIN as crucial for DeFi. The market capitalization of DePIN is nearing $19 billion, with projects like Render and Bittensor leading the way.

Assured Data Protection expands into Latin America by launching operations and offering Rubrik technology, ensuring cyber resiliency for enterprises. CUDOS and Storj collaborate to provide distributed compute and storage solutions for AI and modeling. DDN achieves tier-one performance data platform certification for NVIDIA Partner Network Cloud Partners. LiquidStack introduces CDU-1MW, a universally compatible coolant distribution unit for direct-to-chip liquid cooling. Rubrik introduces data protection for Salesforce, emphasizing the importance of backing up SaaS applications. RocketStor 6541x Series NVMe RAID Enclosures offer high performance and flexibility for PCIe Gen4 platforms. Corporate IT teams express concerns over data protection practices in the enterprise.

AIOZ Network partners with University of Aberdeen to advance medical imaging for endovascular surgeries. The collaboration focuses on 3D reconstruction of surgical tools, aiming to improve imaging quality crucial for surgeries. Utilizing AIOZ's DePIN technology, the project will enhance data exchange speed and quality, potentially increasing surgery accuracy and saving lives. This partnership marks a significant advancement in healthcare research, integrating innovative technology into medical imaging practices.

Storj and CUDOS have partnered to make AI compute more accessible by combining Storj's decentralized storage solutions with CUDOS's DePIN compute network. This alliance offers multi-petabyte capacity to customers, utilizing Storj's S3-compatible storage within the CUDOS network. By leveraging Valdi's compute capabilities, the collaboration aims to provide high-end compute solutions to the market. Storj's platform ensures enhanced security through encryption and data sharding, while CUDOS focuses on supporting large language models, image recognition, and speech synthesis. The CEOs of both companies emphasize the improved scalability, security, and cost-effectiveness of their joint services, positioning them as a competitive alternative to major cloud providers.

OKX Wallet to Host X Space on the Convergence of DePIN and AI. The event, featuring industry leaders from @getgrass_io, @jambotechnology, and @CyberChargeWeb3, will explore the synergies between DePIN and AI technologies. OKX, a global crypto exchange and Web3 company, aims to redefine fan engagement with sports teams using innovative technology. Through campaigns like Unseen City Shirts and Race Rewind, OKX offers fans exclusive real-world benefits. With a commitment to transparency and security, OKX's ecosystem includes the OKX Wallet, connecting users to over 100 blockchains and numerous DeFi protocols. For more information, visit OKX's Support Center.

Storj partners with CUDOS to advance distributed compute and cloud storage solutions, leveraging NVIDIA's chips for the expanding AI market. The collaboration aims to provide scalable and cost-effective solutions for businesses and developers. Storj's recent partnerships with cunoFS and AIOZ Network further enhance AI and video workflows in the decentralized cloud storage space. Competitors include Filecoin, Arweave, and AIOZ Network's W3S. The DePIN market has seen increased funding for projects like IoTeX.

IoT devices are evolving to provide real-world data for enterprise AI systems, driving business benefits beyond the initial hype. Despite the novelty wearing off, IoT remains crucial for connecting industrial and consumer devices with high-ROI AI applications. The integration of IoT and AI enables automation, optimization, and cost reduction in physical operations. Semiconductor companies like NXP and Qualcomm offer powerful, energy-efficient chips to support a variety of IoT applications. Forward-thinking IoT suppliers focus on customer needs, integrating IoT features into industry-specific products. This shift from technology-centric to product-centric IoT enhances customer value and business outcomes.

Decentralized Physical Infrastructure Networks (DePin) are the new trend in the crypto world, aiming to decentralize physical infrastructure management using blockchain technology. Innovative projects like Render, Akash Network, Helium, and Filecoin offer secure and transparent solutions. Among them, Shieldeum stands out with its AI-powered cybersecurity application, providing enhanced protection for crypto users against cyber threats. DePin networks represent a significant revolution in the crypto space, democratizing access to physical infrastructures while ensuring data and transaction security.

Aethir token (ATH) experiences a 35% surge after being listed on South Korea's top exchanges, Upbit and Bithumb. The token, known for its applications in AI and gaming, solidifies its presence in the market. With a strong market debut and trading incentives, Aethir aims for new highs amidst sector growth. Despite the revenue success and increased open interest, caution is advised as no DePin project has proven long-term viability yet. The surge in open interest and trading volume indicates a volatile market environment for Aethir.