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This Is Why Aethir Is Investing $100 Million in Cloud Gaming

Nitin Gupta - Market Analysis - October 10, 2024
Aethir Announces $100 Million Ecosystem Fund for AI and Cloud Gaming
Nitin Gupta Founder of LetsTalkWeb3.com, a full fledged media house for everything Web3.…
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Aethir, the DePin “GPU-as-a-service” network, is launching a $100 million ecosystem fund to support cloud gaming developers. This fund will provide grants, and the Aethir Catalyst program will give developers access to the company’s hardware resources.

This $100 million investment represents a massive expansion into the fast-growing cloud gaming industry.

Aethir’s Cloud Gaming Strategy

Aethir, the DePin “GPU-as-a-service” network, announced the new $100 million Aethir Ecosystem Fund through a blog post. This fund is set to develop AI and gaming initiatives, specifically cloud gaming. The first phase of this rollout will be Aethir Catalyst, a grant program to aid new developers.

“Aethir Catalyst is built to fast-track the development of advanced AI applications, cloud gaming platforms, and AI-driven gaming experiences. With our 43 thousand plus top-shelf GPUs and 3 thousand plus Nvidia H100s, we’re providing the computer resources to scale projects of all sizes,” the announcement claimed.

Read more: What Is DePIN (Decentralized Physical Infrastructure Networks)?

Aethir’s strategy goes beyond mere financial support. While the $100 million fund will allocate a significant portion to developer grants — ranging from $5,000 to $200,000 in Aethir’s native token ATH — the Aethir Catalyst program will also provide eligible developers with access to the company’s extensive GPU processing power.

Aethir aims for these developers to create games powered by decentralized GPU equipment, which would attract potential customers to the platform. In essence, this program is a strategic move to strengthen Aethir’s presence in the growing cloud gaming market.

Cloud Gaming Revenue. Source: Statista

In addition to utilizing Aethir’s computing power for cloud-based games, developers will leverage the DePin GPU infrastructure to integrate AI solutions into their projects. While Aethir’s GPU resources are crucial for launching functional cloud-based games, the company’s announcement places significant emphasis on AI development opportunities.

Read more: What Is Cloud Gaming? How Does It Work?

The final pillar of the Aethir Ecosystem Fund is integration with Aethir Edge, a hardware device optimized to integrate with AI workloads and cloud gaming platforms. Users can earn ATH by hosting cloud computing services. The long-term strategy is clear: Aethir is making a massive commitment to the cloud gaming industry, and hopes to dominate early.

Disclaimer

In adherence to the Trust Project guidelines, BeInCrypto is committed to unbiased, transparent reporting. This news article aims to provide accurate, timely information. However, readers are advised to verify facts independently and consult with a professional before making any decisions based on this content. Please note that our Terms and Conditions, Privacy Policy, and Disclaimers have been updated.



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bnb
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solana
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usd-coin
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dogecoin
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cardano
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