Io.net and Chainbase Join Forces to Drive AI and Blockchain Advancements

Decentralized compute network io.net (IO) has announced its strategic alliance with Chainbase (CBT), a leading omnichain data network focused on AI technology.

"We are excited to partner with Chainbase, a team that aligns with our vision of making advanced AI and blockchain technologies accessible to everyone,\" stated Tory Green, Co-founder of io.net, in an official declaration. \"This alliance will not only strengthen our network but also accelerate the integration of decentralized AI and data solutions across various sectors. We look forward to promoting Chainbase's product and token through our IOG initiative and community as we move ahead,\" he further emphasized.

Both organizations are working collaboratively to identify various synergies with the common aim of enhancing AI modeling and building a robust decentralized AI and data infrastructure.

Chainbase’s cryptocurrency framework, Theia, is currently being refined using the Internet of GPUs (IOG), enabling AI agents built on Theia to dissect blockchain data while conducting simulations and reasoning within a blockchain context. This allows them to comprehend, anticipate, and interact seamlessly with distributed ledgers. io.net By amplifying the data volumes utilized in training, Theia, io.net, and

aspire to elevate the performance and functionalities of their cryptocurrency framework. Theia plays a critical role in a variety of applications native to cryptocurrency, such as AI-enhanced Web3 gaming, decentralized finance (DeFi) systems, security infrastructures, social networking platforms, and asset management tools. Furthermore, io.net is committed to integrating Chainbase’s omnichain data network into its AI initiatives, paving the way for advancements in decentralized AI and data infrastructure. Chainbase \"Autonomous agents represent the next wave in AI applications and user interactions, and we’re excited to assist Chainbase with training their Theia model on our expansive network of GPUs,\" remarked Tausif Ahmed, Vice President of Business Development at io.net, in a discussion with Cryptocurrencylistings. \"The synergy between AI agents and decentralized computing is a natural evolution at the intersection of AI and Web3, and we are eager to help propel this sector forward through our partnership,\" he added.

Io.net and Chainbase Gear Up for the CBT Token Launch
Collaborative efforts from both engineering teams are already in motion to bolster Chainbase’s roadmap in anticipation of its CBT network token launch set for later this year. IO workers who have staked their assets will gain the chance to engage in this token launch, which promises to further align the growth trajectories of both networks.

"Teaming up with io.net represents a significant milestone for Chainbase as we continue to elevate our AI-centric network,\" expressed Chris Feng, Co-founder and COO of Chainbase, in a public statement. \"Utilizing IOG’s adaptable GPU resource clusters, I am confident that we can significantly enhance the efficiency and scalability of our AI-driven solutions,\" he concluded.

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