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IO Research Raises $30M in Series A Funding

  • March 10, 2024
  • Crypto, Insights

IO Research, a Solana-based decentralized physical infrastructure network, secured $30 million in Series A funding led by Hack VC, with participation from Multicoin Capital and others. Led by Ahmad Shadid, IO Research focuses on aggregating GPU computing power for AI and ML companies, offering scalability, orchestration, fault tolerance, and support for various tasks like preprocessing and model serving. Since its launch in November 2023, IO.net has over 25,000 GPUs processing 40,000+ compute hours for AI and ML firms.

IO Research Raises $30M in Series A Funding

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