io.net and Chainbase Forge Strategic Alliance to Advance AI and Blockchain

Decentralized compute network io.net and Chainbase, the AI-specialized omnichain data network, have established a strategic alliance.

The two are currently exploring a number of synergies as they work toward the same goals of developing decentralized AI and data stacks and enhancing AI modeling.

The distributed network of io.net, dubbed the Internet of GPUs (IOG), is now being used to train Chainbase’s crypto world model, Theia. AI agents based on Theia are able to comprehend, predict, and communicate with distributed ledgers. Theia is meant to learn blockchain data and achieve simulation and reasoning of the native blockchain environment.

To improve the efficacy and efficiency of the crypto world model, io.net and Chainbase plan to greatly increase the amount of data utilized to train Theia. Theia is essential to the operation of many crypto-native apps, including as asset management tools, social networks, AI-driven Web3 games, and decentralized finance (DeFi) platforms.

To further support the development of a decentralized AI and data stack, io.net will further make it easier for Chainbase’s omnichain data network to be integrated into its ecosystem AI initiatives.

Tory Green, Co-founder of io.net stated:

“We are thrilled to collaborate with Chainbase, a company and team that shares our vision of democratizing access to next-gen AI and blockchain technologies. As well as strengthening our network, this partnership will accelerate the integration of decentralized AI and data solutions across multiple industries. We are looking forward to supporting Chainbase’s product and token through our IOG and community going forward.”

Chris Feng, Co-founder and COO of Chainbase added:

“Partnering with io.net is a major milestone for Chainbase as we continue to scale our AI-specialized network. By leveraging IOG’s scalable virtual clusters of GPU resources, I am confident that we can turbo-charge the efficiency and scalability of our AI-driven solutions.”

The technical teams of the partners are collaborating closely not just on Theia but also on Chainbase’s quick development in anticipation of the introduction of its network token ($CBT) later this year. This launch will provide eligible $IO Workers with staked $IO the opportunity to take part, further aligning the development paths of the networks.