Decentralized cloud storage platform Storj has partnered with CUDOS, a decentralized bodily infrastructure community centered on synthetic intelligence and Web3.
In an announcement on Aug. 20, Storj acknowledged that the collaboration between the 2 platforms goals to advance distributed compute and cloud storage options.
The alliance with CUDOS entails Valdi, an on-demand AI compute supplier that Storj not too long ago acquired, and Cudo, the father or mother of CUDOS that’s a cloud companion of Nvidia.
“Our distributed storage options ideally complement CUDOS’s compute infrastructure. Collectively, we’re creating a robust platform that units a brand new commonplace for scalable providers which might be an economical and high-performance different to hyperscalers like Amazon for enterprises with a quickly rising, excessive quantity of knowledge and rigorous requirements for efficiency, safety and sustainability.”
Storj CEO Ben Golub.
Storj and CUDOS plan to leverage their collaboration to convey multi-petabyte storage capability on-chain. Together with Storj’s options, the platforms will make the most of NVIDIA’s H100 and H200 chips to help the increasing AI market.
This initiative goals to offer companies and builders with scalable and cost-effective options within the compute and storage sectors.
Learn extra: STORJ value skyrockets amid latest market-wide restoration
Storj’s rivals
Storj’s partnership with CUDOS follows a latest collaboration with cunoFS, an answer by software program agency PetaGene. This joint effort goals to boost AI and video workflows, permitting inventive professionals to learn from scalable, safe, and cost-effective file storage.
Storj’s rivals within the decentralized cloud cupboard space embody Filecoin (FIL) and Arweave (AR).
One other platform providing decentralized storage instruments is AIOZ Community (AIOZ), whose W3S gives for an S3-compatible web3 storage community for builders and companies. The AIOZ Community is powered by DePIN.
Per a latest report, the DePIN market has witnessed a major surge in funding for early-stage tasks, together with for crypto venture IoTeX.
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