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Aethir's Decentralized GPU Service Achieves $36M Revenue, Expands Cloud and AI Solutions

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Cointelegraph
600Words
Jul 16, 2024

Aethir, a decentralized cloud infrastructure provider, has reported a significant revenue of $36 million over the past year, achieving a 10% month-on-month growth. The company's success is driven by the increasing demand for AI, cloud gaming, and edge computing power. Aethir offers a unique GPU-as-a-service through its decentralized physical infrastructure network (DePIN), which is highly scalable and up to 60% cheaper than competitors like Amazon Web Services. This network utilizes idle GPU capacity from tier 3 and tier 4 data centers, ensuring high reliability with an uptime of 99.982%. Aethir has also been integrated into various platforms such as Sequence, MetaGravity, and GameSwift, and supports applications like the APhone, a platform-agnostic device that enhances older smartphones with newer services for a minimal annual fee. Additionally, Aethir's testnet has attracted significant support from major tech companies and has successfully launched its network on the Ethereum mainnet. The company is now preparing for the mainnet launch of the Aethir Network Protocol, aiming to integrate all its software with Ethereum and Arbitrum contracts.

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