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Information about Aethir (ATH)
Aethir emerges as a groundbreaking cloud computing infrastructure platform that revolutionizes the ownership, distribution, and utilization of enterprise-grade graphical processing units (GPUs). By leveraging a decentralized network of GPU providers, Aethir establishes a scalable and competitive framework for sharing computational resources, catering to a diverse range of users across various industries.
The Aethir ecosystem effectively tackles critical cloud computing challenges, including scalability limitations, latency issues, and high costs. At its core, Aethir optimizes GPU utilization for compute-intensive domains and applications such as Artificial Intelligence (AI), Machine Learning (ML), cloud gaming, and more.
The platform successfully raised $9 million in its Series A funding round in July 2023, backed by leading venture capital firms such as Sanctor Capital, Hashkey Capital, Merit Circle, Animoca Brands, and others. Prior to this, in 2022, Aethir received funding from Framework and Infinity Ventures Crypto, though the specific amount was not disclosed.
ATH2 is a native coin of the Aethir ecosystem, operating on Arbitrum according to ERC20 standard, and can be used to:
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