IO Research develops io.net, a Solana-based DePIN that aggregates GPU computing power for AI and ML companies. The network enables teams to scale workloads across a distributed GPU pool with minimal adjustments. io.net handles orchestration, scheduling, fault tolerance, and scaling and supports preprocessing, distributed training, hyperparameter tuning, reinforcement learning, and model serving. It is designed to serve general-purpose Python computation for AI/ML workloads. Launched in November 2023, the network reports over 25,000 GPUs and has processed more than 40,000 compute hours for AI and ML firms. IO Research plans to use the new funding to expand operations and continue development; the company is led by Ahmad Shadid.

Total raised

$30M

Funding rounds

1

Latest round

Series A

Latest activity

Mar 2024