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GPU Shortage Solved: Filecoin Partners With Aethir, Because Clearly What the World Needed Was More Buzzwords and Unfulfilled Promises

BlockchainCrypto NewsDeFi Doug Martinez September 23, 2024

A comic illustration depicting a crowded, chaotic cityscape with towering skyscrapers representing data centers in distress, their windows shattered by bursting GPU chips and sparks flying everywhere. In contrast, a serene landscape unfolds behind them: lush green hills dotted with tiny clouds of GPUs floating gently above the ground, symbolizing Aethir's decentralized network.

What’s next, a partnership between Filecoin and Enchanted Forests Inc. to solve climate change? ‘Decentralized infrastructure’ is just code for ‘we have no idea what we’re doing but let’s use buzzwords’. Aethir thinks it can magically address the GPU shortage by leasing out its network of 43,000 GPUs (yawn). Meanwhile, I’m still waiting for someone to explain why Web3 needs so many GPUs in the first place. Is this some kind of decentralized cryptocurrency mining operation? ‘AI-driven data security’ sounds like a fancy way of saying ‘we’re going to use AI to make more money from your GPU’. Stay tuned for more!.

Source: cointelegraph

Aethir partners with Filecoin to solve GPU shortage, boost AI
https://cointelegraph.com/news/aethir-filecoin-tackle-gpu-scarcity-ai-web3-cloud-computing
Aethir, a decentralized graphic processing unit (GPU) cloud computing network, has partnered with the Filecoin Foundation to address GPU scarcity. The collaboration aims to address the growing challenge in the artificial intelligence and Web3 sectors by offering GPU leasing services integrated with Filecoin’s decentralized storage network. In a Q&A, Mark Rydon, the chief strategy officer and co-founder at Aethir, explained that traditional systems can “no longer keep up with computational […]

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About the author

Doug Martinez

Doug’s foray into NFTs was a monumental disaster, losing his entire life savings on digital junk that turned out to be worthless. Fueled by a mix of rage and disbelief, Doug crafts scathing, darkly comedic articles about the NFT madness. His writing cuts through the hype with bitter clarity, exposing the folly of the NFT craze. When he's not raging about his losses, he’s probably still trying to comprehend why he fell for this ludicrous scam.

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Disclaimer

The content presented on this site is intended solely for entertainment purposes and should not be taken as factual or reliable information. This site employs satire and humor to discuss global news, current events, finance, and cryptocurrency. The views expressed here are not meant to be taken seriously and do not represent the opinions of any individuals, organizations, or entities discussed.

Please be aware that the content may be exaggerated, fictionalized, or otherwise altered to create a comedic effect. It is not intended to provide financial advice, make accurate predictions, or offer any serious commentary on current events or financial markets.

Readers are encouraged to verify any claims or statements with credible sources and should not make any decisions based on the information provided here. This blog is not responsible for any actions taken based on its content. Always consult a qualified professional before making any financial or investment decisions.

Please do not hesitate to contact us if you have any questions or concerns.

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