AI and machine learning compute networks built on decentralized infrastructure could allow the onboarding of significant hardware resources worldwide.
Booming interest in artificial intelligence (AI) and machine learning (ML) has led to a shortage of hardware resources and exorbitant cloud service costs, but decentralized infrastructure could challenge the dependence on centralized players.
Harry Grieve, co-founder of machine learning compute network Gensyn, spoke exclusively to Cointelegraph during the ETHGlobal event in London about the promise for peer-to-peer computing networks to challenge Web2 services like Amazon Web Services.
Gensyn is an in-development decentralized network that will enable people to connect to various devices across the internet to train machine learning models. The company is backed by several Web3 venture capital firms and raised $50 million from Andreessen Horowitz in 2023.
