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Aethir launches $100M fund to support AI and cloud gaming

Aethir launches $100M fund to support AI and cloud gaming

GrafaGrafa2024/10/10 21:30
By:Mahathir Bayena

Aethir (CRYPTO:ATH), a decentralised GPU network provider, has announced a $100 million ecosystem fund aimed at supporting AI and cloud gaming developers. 

The initiative, revealed through a blog post on October 10, is designed to aid developers by providing grants and access to Aethir’s powerful GPU infrastructure. 

The first phase of the initiative, known as Aethir Catalyst, will offer grants between $5,000 and $200,000 in Aethir’s native ATH tokens. 

According to the company, "Aethir Catalyst is built to fast-track the development of advanced AI applications, cloud gaming platforms, and AI-driven gaming experiences. With our 43 thousand plus top-shelf GPUs and 3 thousand plus Nvidia H100s, we’re providing the computer resources to scale projects of all sizes." 

In addition to the financial backing, developers participating in Aethir Catalyst will gain access to the company’s extensive GPU resources. 

These tools are expected to accelerate the creation of decentralised cloud gaming projects and help integrate AI-driven features into games. 

The fund’s ultimate goal is to attract developers to use Aethir’s decentralised GPU infrastructure for their cloud gaming projects, which could increase the platform’s user base. 

This is part of Aethir's larger strategy to solidify its presence in the growing cloud gaming industry. 

Aethir’s broader plan also includes the integration of Aethir Edge, a hardware device that allows users to host cloud computing services and earn ATH tokens. 

The company aims to position itself as a significant player in both AI and cloud gaming by providing cutting-edge resources for developers while also focusing on long-term dominance in the market

At the time of writing, the Aethir price was $0.05845.

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Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

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