Latest DePIN AI News

Investments in AI have reached unprecedented heights. According to a report from Stanford University, countries such as the United States, China, and several European nations invested colossal amounts in AI companies between 2013 and 2022. The United States leads with $248.9 billion, followed by China with $95.1 billion, and the United Kingdom with $18.2 billion. These investments aim to improve AI capabilities in areas such as healthcare, finance, logistics, and many others. Tech giants like Amazon, Google, and Microsoft are at the forefront of this revolution, developing AI solutions that promise to transform our daily lives. Meanwhile, the DePIN (Decentralized Physical Infrastructure Networks) market is in full expansion. DePIN combines the digital capabilities of blockchain with physical infrastructures like data storage and power grids. This synergy creates more efficient, resilient, and privacy-respecting systems. In 2024, the DePIN sector attracted colossal investments of $246 million, spread over 70 transactions. DePIN projects are particularly promising for executing complex calculations and managing large amounts of data.

The DePIN-EdgeAI protocol, Network3’s mining machine, N3 Edge V1, has gained significant traction with over 1,800 devices already on-chain. Following the rapid sellout of the initial batch of 3,000 devices on August 20, these devices are now operational in 185 countries. Network3's N3 Edge V1 marks a shift in the AI industry by promoting fairness and competitiveness, moving away from energy-intensive and specialized hardware typically associated with mining. This device encourages broader participation in crypto-mining by enabling everyday users to mine tokens using simple devices like smartphones or computers. Users of N3 Edge can earn rewards by sharing internet bandwidth, providing computational power, and contributing data from their devices. These contributions are converted into utility tokens, supporting network activities and on-chain operations. Network3's successful launch of N3 Edge signifies a significant step towards a more equitable digital economy and a technologically advanced decentralized future. **A Privacy And Performance Focused Dual Mining Machine** Network3's physical mining device, N3 Edge V1, stands out for its ability to mine IoTeX and Network3's native tokens simultaneously. This innovative machine allows users to enhance their N3E credit points and earn financial incentives, providing improved monetization opportunities. N3 Edge is a lightweight yet powerful mining device that seamlessly integrates with IoTeX's infrastructure, including W3bstream and ioID. Users can easily set up their N3 Edge devices by connecting to a power source and start mining two types of tokens. By combining DePIN and Edge AI in the mining machine, Network3 ensures that local data from edge devices is readily accessible. N3 Edge functions as a personalized cloud service, emphasizing privacy and decentralization. Users can host and manage their clouds at home with N3 Edge, reducing latency and enhancing control over data privacy. This device enables anyone to integrate Edge V1 into an existing network and compete directly with Tier 1 systems, offering a new dimension to personal cloud computing and AI training landscape. **Expanding Monetization Opportunities in Crypto x AI With N3 Edge V1** Priced at around $900, N3 Edge V1 boasts an estimated daily earning of $7.5, with a breakeven period of 120 days or 4 months. Network3's N3 Edge emerges as one of the most profitable DePIN devices in terms of Return on Investment (ROI), ranking first in daily earnings and third in total return speed on DePINscan. Beyond its financial performance, N3 Edge has become one of the pioneering DePIN protocols to fully integrate into DePINscan's expanded on-chain metrics. Users of N3 Edge can diversify their revenue streams and create new income sources by leveraging their home IoT devices, paving the way for novel approaches in decentralized data processing for the AI industry.

The emergence of Web 3.0 and decentralization is sparking a new Renaissance, offering a fresh opportunity to prioritize humanity. While significant progress has been made in improving living standards and life expectancy, challenges like wealth inequality and environmental impacts persist. Experts warn of a potential decline in well-being, reminiscent of Neo-Feudalism, if these issues are not addressed. However, the digital economy, driven by technologies like Blockchain and AI, presents a historic opportunity for wealth redistribution. Decentralized systems are reshaping business models, empowering organizations and individuals to establish fair processes and distribution of wealth. Communities are embracing Decentralised Physical Infrastructure Networks (DePIN) to support productivity, moving beyond Bitcoin mining to provide essential resources and services. This shift towards DePIN 1.0 signifies a new era of decentralized collaboration and innovation.

A recent MV Global report highlights the transformative potential of DePINs in the Web3 space, with over 1,000 projects and a $50 billion market cap. DePINs, decentralized physical infrastructure networks, aim to decentralize real-world systems like communication networks and energy markets. The report predicts a $128 billion market for decentralized data storage by 2028, driven by AI demand. DePIN projects are gaining traction, attracting both existing Web3 users and newcomers from Web 2. Emerging projects like Helium and Destra.network are disrupting traditional infrastructure, while specialized blockchains like Peaq and IoTeX cater to unique network needs. Projects in sensor networks and energy storage solutions are also on the rise, with Daylight and EC3 leading the charge. Established players like Filecoin and Arweave are poised to benefit from the growing demand. The report emphasizes the significant impact DePINs can have on real-world infrastructure across various sectors.

DePIN Alliance presents 'Where DePIN, AI & IP Converge into RWA' at TOKEN2049 Singapore, focusing on Real-World Assets (RWA) with top industry players like JDI Ventures and Chain Capital. The event offers networking opportunities with venture capitalists and features experts discussing the market trends of DePIN, AI, and IP. Limited spots available, register now to secure your place.

Theta Labs announces a new partnership with AIX Lab at Seoul Women’s University to utilize Theta EdgeCloud for advanced AI research. This collaboration aims to enhance SWU’s AI capabilities across various domains such as healthcare, bioinformatics, and industry-specific innovations. Led by Professor Minseo Park, the partnership leverages machine learning and deep learning to address complex challenges in medical AI, chronic disease management, and more. By providing cost-effective, high-performance distributed GPU computing, Theta EdgeCloud offers a competitive advantage over traditional in-house GPU server clusters and cloud providers. The decentralized approach aligns with academia's research community-driven philosophy, fostering innovation and knowledge sharing.

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.