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DePin Update: From AI to Harvard textbooks

December 3, 2024
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Decentralized Physical Infrastructure Networks (DePin) are transforming the technology industry by enabling decentralized projects in physical infrastructure.

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Here are the latest developments in the DePin space: OpenLedger has partnered with io.net to develop AI, Harvard Business School has approved a case for Helium, and Peaq has released an Ecosystem Report for activities in November.

OpenLedger Partners with Io.net

Io.net, a DePin GPU computing network, has cooperate with OpenLedger this week. OpenLedger is a data blockchain for AI, and will use Io.net’s GPU resources to fine-tune and train its AI models. These resources will also operate support and hosting services for OpenLedger’s AI models, helping to ensure their performance and scalability.

“With io.net providing GPU computing, OpenLedger now has an infrastructure provider it can rely on to scale its AI models built on them and unlock new use cases that will cementing its position as an innovative provider of decentralized AI models,” stated Tausif Ahmad, Vice President of Business Development at io.net.

This isn’t io.net’s only recent exploration into AI development. In late November, the company provided similar services to Zero1 Labs, another AI research company.

Previously, they did a similar collaboration with GAIB at the beginning of the month and with TARSS Protocol in September. Io.net is not an AI company, but this series of collaborations clearly shows strong interest. strong in this field.

Harvard Business School Accepts Helium Case

Helium, a decentralized infrastructure company on the Solana platform, has Notification on November 26 via social media that Harvard Business School had approved a case for Helium. Jorge Tamayo and Mahesh Ramakrishnan will teach this case titled “Helium: Cosourcing a National Telecommunications Network.” Since the announcement, the company’s HNT token has grown steadily.

Helium (HNT) Price Performance
Helium (HNT) price performance. Source: TinTucBitcoin

HNT is currently up about 150% this year, as Helium has had some successful months. This seal of approval from Harvard Business School marks a new milestone of acceptance in the DePin industry.

Peaq Performance: November Report

Peaq, the layer-1 blockchain ecosystem for DePins, has announced Report on our November Ecosystem via social networks. This report covers many recent highlights: mid-November mainnet launch, $1 billion in tokens staked, USDC integration, and more.

Peaq was fairly vague on its expected timeline for December. The company teased that new DePin projects will join “Peaqosystem” along with other unspecified product launches and integrations. However, they have integrated 13 DePins in the past four months, making Peaq possibly on the verge of further expansion.

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