Phala Network

io.net

Secure

Cloud

Dubai, UAE, September 26th, 2024, Chainwire 
GPU cloud network io.net has announced a strategic partnership with Phala Network to advance secure computation and decentralized AI. The collaboration will see Phala extend the capabilities of decentralized AI by accessing GPU hardware via io.net’s cloud network, IO Cloud.
The partnership will enhance Phala’s ability to support TEE (Trusted Execution Environment) CPU nodes, providing the infrastructure for computationally intensive dapps to flourish. Phala Network relies on Nvidia H100 and H200 GPUs to power its TEE technology. Its collaboration with io.net will ensure access to these essential GPUs that form the cornerstone of Phala’s decentralized AI ecosystem.
In August, Phala released the first benchmark for TEE-enabled GPUs, setting a new standard for decentralized AI. By extending Trusted Execution Environments (TEEs) to include AI accelerators like GPUs, the collaboration with io.net ensures that sensitive AI workloads are securely processed with advanced cryptographic protections.
Nvidia’s H100 Tensor Core GPUs, equipped with confidential computing features such as encrypted memory and secure boot, further enhance Phala’s security layer. The ability to access Nvidia H100 and H200 GPUs IO Cloud will enable Phala to offer the computational power required for training and running large AI models such as LLaMA 3 and Microsoft Phi.
Since launching its mainnet in 2021, Phala Network has built a robust infrastructure of over 40,000 TEE CPU nodes, enabling web3 developers to offload complex computations from smart contracts to Phala’s secure, off-chain network. These nodes play a pivotal role in maintaining data privacy and security while delivering verifiable proofs and oracles, supporting a wide range of web3 applications from social apps to AI-driven agents.
IO Cloud enables users to deploy and manage decentralized GPU clusters on demand, offering access to powerful GPU resources without the need for costly hardware investments or complex infrastructure management. By delivering a cloud-like experience, IO Cloud democratizes GPU access for ML engineers and developers, making advanced computing power more accessible and affordable by offering up to 90% savings compared to traditional cloud services.
Together, io.net and Phala will conduct research, testing and benchmarking, starting with cutting-edge NVIDIA H100s and H200s. The partners will explore deploying Phala Network’s autonomous AI agents and AI agent contracts on the IO Network as well as integrating Phala Network’s TEE hardware and workers into the IO Network of GPUs.
About io.net
<a href="http://io.net/" rel="noopener noreferrer nofollow" target="_blank">io.net</a> is a decentralized distributed compute network that enables ML engineers to deploy a GPU cluster of any scale within seconds at a fraction of the cost of centralized cloud providers.<a href="http://io.net" rel="noopener noreferrer nofollow" target="_blank"> io.net</a> sources compute resources from multiple locations and deploys them into a single cluster at massive scale.<a href="http://io.net" rel="noopener noreferrer nofollow" target="_blank"> io.net</a> has successfully supported training, fine tuning, and inference for a wide range of ML models.
About Phala
Phala is a pioneer in confidential computing and secure data processing. They specialize in leveraging Trusted Execution Environments (TEEs) and secure enclaves to enable secure and verifiable computations. Their expertise in confidential computing makes them a valuable partner in advancing the field of verifiable AI computing. 
<h5>Contact</h5>Dan Edelstein PR@marketacross.com 
Disclaimer. This is a paid press release. CoinMarketCap does not recommend that any cryptocurrency (bitcoin, ethereum, custom asset) should be bought, sold or held. Do conduct your own due diligence and consult your financial advisor before making any investment decisions.

io.net Partners With Phala Network to Advance Secure Computation and Decentralized AI (26 Sep)

Chainwire

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