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Cryptocurrency News Articles
Aethir Redefines Decentralized Cloud with EigenLayer Partnership
Jan 16, 2025 at 03:33 am
Aethir has unveiled a cutting-edge milestone of achieving $91M in annualized on-chain revenue. The platform integrates with the restaking platform of EigenLayer
Aether has achieved a new milestone by unveiling an annualized on-chain revenue of $91M. The decentralized GPU-as-a-service cloud computing provider for AI and gaming has integrated with EigenLayer, a blockchain restaking and infrastructure platform.
This integration marks a significant step forward in decentralized cloud computing, aiming to increase scalability and presenting new opportunities for growth within the evolving Web3 ecosystem.
Aether's decentralized infrastructure spans across 93 global locations, boasting over 397K GPU containers, including 3K NVIDIA H100 units and 59K edge devices. By adopting EigenLayer's Actively Validated Services (AVS) model, Aether offers a dynamic system for ATH token holders to restake their rewards, maximizing their earnings potential.
This development also facilitates the onboarding of non-Web3 GPU compute providers, expanding Aether's network and establishing its unique position as a rewarding player within the DePIN ecosystem.
Aether's high utilization rate of 70%, surpassing industry standards, enables the platform to continuously service enterprise needs in AI and gaming, which are projected to grow over 30% by 2030.
A $100 million Ecosystem Fund, powered by Aether, supports the adoption of the platform by AI developers and the gaming industry at large. This initiative provides access to Aether's vast GPU network at lower prices, benefiting enterprises such as ai16z, YahtzeeDAO, and Almonica in advancing LLM training development and AI inference.
Aether's 'New Horizons' program highlights high-quality cloud hosts joining the platform with 200% to 400% APRs, promising a rewarding journey in decentralized cloud computing. EigenLayer's restaking solution enhances trust and accessibility, enabling GPU compute providers to seamlessly stake their ATH.
Aether aims to lead decentralized cloud computing innovation through its partnership with EigenLayer, addressing the challenges of regulatory compliance and driving enterprise adoption.
"This integration with EigenLayer marks a pivotal moment in Aether's journey to redefine the future of decentralized cloud computing,” said Daniel Wang, CEO of Aether. “By harnessing EigenLayer's restaking framework, we not only enhance the staking opportunities for our community but also unlock new growth avenues for compute providers and enterprises. Together, we set a new benchmark for the DePIN ecosystem."
"Aether's vision for a decentralized, enterprise-grade cloud network aligns seamlessly with our goals at Eigen Labs,” said Sreeram Kannan, CEO of Eigen Labs. “By integrating EigenLayer's restaking infrastructure, Aethir is bridging the gap between Web3 and traditional enterprises, bringing tangible value to both ecosystems. We're excited to support Aether in scaling its groundbreaking GPU cloud infrastructure."
Aether continues to scale its operations, aiming to lead the provision of cost-effective and decentralized computing solutions for the AI and gaming industries, driving a new era of decentralized growth.
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