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New York — Io.net, the DePIN (Decentralized Physical Infrastructure Network) powering AI innovation, has surpassed $20 million in total network earnings. The achievement underscores growing global demand for affordable, transparent, and scalable compute power as AI adoption accelerates across industries.
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Decentralized Compute at a Fraction of the Cost
AI development is becoming increasingly compute-intensive, and traditional cloud providers have struggled to keep up. From lengthy wait times and rigid vendor lock-ins to opaque pricing models, centralized cloud platforms often limit access for smaller teams and innovators.
io.net takes a different approach. Its decentralized network—spanning thousands of GPUs across 130+ countries—allows startups, enterprises, and researchers to access high-performance compute at 70% lower cost than traditional cloud providers while avoiding vendor lock-in tactics.
By leveraging blockchain infrastructure, io.net provides full transparency and verifiable transaction data, with open-source AI tooling that ensures developers retain flexibility and control.
A Growing Hub for AI Builders Worldwide
Since launching in July 2024, io.net has enabled developers to purchase over $20 million in compute, fueling rapid growth in AI model training, autonomous agent development, and large-scale data processing. Users can select from a wide range of GPUs—including the enterprise-grade H200 and the consumer-grade RTX 4090—to balance cost and performance for any workload.
“This milestone demonstrates that decentralized compute is a true enabler of innovation, bringing accessible and cost-efficient GPUs to the scale-ups and researchers pushing forward the frontiers of AI. We’re determined to deliver an improved model for AI development—one that gives innovators the freedom to build without barriers.”
Gaurav Sharma, CEO of io.net
Fueling the Next Wave of AI Innovation
io.net’s community now includes AI leaders such as Canva’s Leonardo AI, UC Berkeley, and Sahara AI, all leveraging its distributed compute to develop next-generation applications.
“The io.net community has gone from strength to strength in the past year, pioneering novel AI models and applications with cost-efficient and accessible compute. We’re doubling down with extensive funding for builders and entrepreneurs to ensure io.net remains the home for the world’s top AI innovators.”
Tory Green, Co-Founder of io.net & CEO of the IOG Foundation
The IOG Foundation recently launched a 20 million IO token grant program, providing direct support for startups and researchers using io.net’s infrastructure to advance AI innovation globally.
Redefining the AI Infrastructure Stack
With the world’s largest network of distributed GPUs and on-demand high-performance compute, io.net provides a full-stack solution for developers training large language models, deploying agents, or scaling AI workloads.
Its io.cloud infrastructure delivers cost-effective, programmable compute, while io.intelligence offers a unified, API-accessible toolkit—together forming a flexible foundation for AI at scale.
“We’re not just building infrastructure,” added Sharma. “We’re building the foundation of a fairer, faster, and more open AI economy.”
For more information, visit io.net.
