Aethir Plans to Tap Into Underutilized GPUs: The 'AirBnB' for Graphics Processing Units
Summary:
Aethir, a tech firm backed by Nvidia, is planning to create a decentralized, enterprise-grade GPU cloud infrastructure network for AI and gaming applications. Comparing their concept to Airbnb, the co-founder, Dan Wang, highlights that Aethir plans to utilize underused GPUs efficiently. The company also aims to enhance AI capabilities by reducing computing power expenses through higher GPU usage. Aethir will launch its initial node offering on March 14, followed by a public node sale on March 20. The existing global GPU shortage is partially due to underutilization of older GPU models, a problem Aethir intends to solve.
Aethir, an innovative tech firm, has aspirations to become the equivalent of AirBnB for unused graphics processing units (GPUs). This information was shared in an exclusive interview with the co-founder and chief business officer of Aethir, Dan Wang. He likened unused GPUs to underutilized vacation homes – both have untapped potential that can be leveraged for broader benefit. The core intent of Aethir is thus to operate akin to AirBnB, focussing on graphics processing units.
Supported by Nvidia, Aethir's mission is to construct a decentralized, commercial-grade GPU network which will cater to the needs of gaming and artificial intelligence (AI) applications. Wang stated that the current utilization of GPUs is significantly low, an issue that Aethir wants to address by ensuring each GPU type is matched with appropriate computing demand via an intelligent routing feature.
Increased GPU utilization could facilitate advanced AI functionalities due to the reduced cost of computing power, Wang highlighted. He envisages an advantageous cycle where increased GPU usage results in lower service fees due to the recovery of invested capital, thus perpetuating further utilization.
Aethir further shared it would commence its initial node offering from March 14, with the public node sale set to begin on March 20.
Despite an ongoing global shortage of GPUs, Wang points out that this problem is largely due to the under-utilization of older GPU models. Numerous older generation GPUs have yet to find steady, consistent use, resulting in their under-utilization.
Nvidia, the chipmaker, has faced challenges in meeting the demand for their GPUs, a product that enjoys high popularity with gamers and cryptocurrency miners alike. The company first encountered GPU supply problems back in 2017 due to an increased interest in crypto mining. This issue resurfaced in 2020 and continues to persist.
Published At
3/6/2024 7:10:00 PM
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