io.net

About io.net

io.net, formerly known as ANTBIT.IO, operates in the high-performance computing sector, specifically targeting the artificial intelligence (AI) and machine learning (ML) markets. The company provides a decentralized physical infrastructure network (DePIN) that aggregates the world's scattered GPU supply, enabling machine learning teams to access distributed cloud clusters in a permissionless manner. This approach significantly reduces costs compared to traditional centralized services. io.net's core product allows AI and ML engineering teams to scale their workloads efficiently by leveraging a network of GPUs. The business model revolves around offering secure and cost-effective access to extensive GPU resources, which are crucial for emerging AI startups to run their machine learning applications. Revenue is generated through a pricing model based on the usage of their distributed computing resources. io.net serves AI engineers, startups, and companies requiring substantial computational power for AI and ML tasks. The company operates in the global AI and ML market, providing a vital service for the rapid development and deployment of AI technologies.