GPU.Net Raises USD500K in Funding

GPU.net, a Delhi, India-based provider of a decentralized graphics processing unit on demand infrastructure, raised USD500K in funding.

Backers included Momentum 6 and Alphablockz.  The company intends to use the funds to validate the platform’s potential and to enhance their efforts in creating the infrastructure that meets the global GPU resource challenges.Co-founded by Suraj Chawla and Kirubakaran Reddy, GPU.net is a decentralized graphics processing unit on demand infrastructure that empowers Generative AI, Web Metaverses, High-end graphics rendering and cryptocurrency mining. It aims to evolve into a Generative Processing Unit, initially supporting versatile GPU tasks like 3D, AI, and research. GPU.Net features multi-purpose GPUs, data privacy via FHE (Fully Homomorphic Encryption), protocol-dring, and a decentralized architecture.05/09/2023