Singapore, Singapore, June 5, 2024, Chainwire
June 5, 2024 Singapore– IO.net, a decentralized physical infrastructure network (DePIN), is proud to announce its strategic partnership with Leonardo AI, the creators of an advanced generative AI platform that allows users to create images through text prompts.
The main goal of this partnership is to give Leonardo AI access to IO.net's powerful GPUs. Under the terms of their agreement, IO.net will provide Leonardo AI 24xA100 from May 1 to August 31.
Following this initial phase, Leonardo AI will evaluate a longer-term A100 contract with IO.net. Additionally, Leonardo AI has expressed its intention to acquire 80xL40 from IO.net for an annual commitment, pending completion of testing.
IO.net Founder and CEO Ahmad Shadid expressed his excitement about the partnership, saying, “We are proud to support Leonardo AI with our high-performance A100 and L40S GPUs. This partnership underscores our commitment to driving innovative applications in artificial intelligence and graphics processing. “We look forward to seeing how our technology can help Leonardo AI transform the generation of visual assets and are excited by the prospect of a long-term collaboration.”
IO.net's decentralized approach to cloud computing offers users greater control and flexibility, aligning with Leonardo AI's commitment to innovation. Unlike traditional hyperscalers or specialized cloud providers that offer overpriced GPUs or repackaged AWS, IO.net operates on a distributed infrastructure. In turn, it provides cost-effective, permissionless services, reducing users' cloud AI expenses by up to 90%.
Unmatched creativity
Users should expect to see a new level of creativity unleashed on the Leonardo AI platform. The partnership will not only offer improved performance but also accelerated image production, thanks to IO.net's scalable and efficient GPU solutions. In essence, the creative process in Leonardo AI will receive a turbo boost, making the entire experience feel easier and more exciting.
Leonardo.ai Co-Founder and CFO Chris Gillis stated: “Leonardo.ai serves a global base of creative clients in the advertising, film, graphic design, gaming and other industries. With over 16 million users, we've found IO.net to be incredibly reliable and cost-effective as we scale our platform to meet global demand. The IO.net team has been exceptional to work with, demonstrating a commitment to speed, excellence and innovation that aligns perfectly with our vision. “Together, we can deliver market-leading AI imaging to a rapidly growing global audience.”
About Leonardo.ai
Leonardo.ai is one of the fastest growing startups in the tech industry democratizing creativity with its generative AI content production platform. Creators can now generate hyper-realistic images in seconds with simple cues and/or reference images, create videos, draw with AI, and even train custom models on their own IP.
Leonardo's enterprise offering enables creative teams to generate visual assets in real time, leverage private cloud storage and access enterprise APIs to easily build infrastructure on top of Leonardo's production platform.
Since launching in 2022, the company has amassed more than 15 million users worldwide, generating more than one billion images. Leonardo.ai is currently used in creative industries such as advertising and marketing, design and architecture, film, fashion, photography, e-commerce, education and more.
Stay tuned for all things Leonardo.ai by following the platform on social media:
Discord | Facebook (NASDAQ:) | LinkedIn | X | Youtube
About IO.net
IO.net is a decentralized GPU network that revolutionizes cloud computing through its distributed infrastructure and tokenized ecosystem. Committed to democratizing access to computing power, IO.net connects users with a global network of GPU suppliers, ensuring scalability, accessibility and efficiency in computing tasks.
To stay up to date on IO.net announcements and news, follow the platform on social media:
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ContactDaniel Edelstein[email protected]
This article was originally published on Chainwire.
