New stablecoin connects crypto investors to real-world Nvidia AI GPUs that earn money by renting out compute power to AI devs — USD.AI lets crypto investors make bank off AI compute rentals

Share via:


USD.AI is a new decentralized finance (DeFi) protocol that connects crypto investors to real-world Nvidia AI GPUs that earn money by renting out compute power to AI developers. According to CoinDesk, DeFi has many stablecoins backed by Treasury earnings, while many smaller AI players are struggling to raise capital to acquire GPUs for compute. USD.AI aims to bridge these two markets by allowing stablecoin holders to lend their holdings to the protocol, which then uses them to purchase AI GPUs. These…



Source link

Disclaimer

We strive to uphold the highest ethical standards in all of our reporting and coverage. We StartupNews.fyi want to be transparent with our readers about any potential conflicts of interest that may arise in our work. It’s possible that some of the investors we feature may have connections to other businesses, including competitors or companies we write about. However, we want to assure our readers that this will not have any impact on the integrity or impartiality of our reporting. We are committed to delivering accurate, unbiased news and information to our audience, and we will continue to uphold our ethics and principles in all of our work. Thank you for your trust and support.

Popular

More Like this

New stablecoin connects crypto investors to real-world Nvidia AI GPUs that earn money by renting out compute power to AI devs — USD.AI lets crypto investors make bank off AI compute rentals


USD.AI is a new decentralized finance (DeFi) protocol that connects crypto investors to real-world Nvidia AI GPUs that earn money by renting out compute power to AI developers. According to CoinDesk, DeFi has many stablecoins backed by Treasury earnings, while many smaller AI players are struggling to raise capital to acquire GPUs for compute. USD.AI aims to bridge these two markets by allowing stablecoin holders to lend their holdings to the protocol, which then uses them to purchase AI GPUs. These…



Source link

Disclaimer

We strive to uphold the highest ethical standards in all of our reporting and coverage. We StartupNews.fyi want to be transparent with our readers about any potential conflicts of interest that may arise in our work. It’s possible that some of the investors we feature may have connections to other businesses, including competitors or companies we write about. However, we want to assure our readers that this will not have any impact on the integrity or impartiality of our reporting. We are committed to delivering accurate, unbiased news and information to our audience, and we will continue to uphold our ethics and principles in all of our work. Thank you for your trust and support.

Website Upgradation is going on for any glitch kindly connect at office@startupnews.fyi

More like this

Apple Developer’s Account Restored After Compromised Gift Card Incident

"It's all fixed," says that Apple developer who...

Some Galaxy S26 models might be more power-hungry in...

TL;DR The Exynos 2600 chipset expected in some Galaxy S26...

Welcome to Kenya’s Great Carbon Valley: a bold new...

SIRONA TECHNOLOGIES “Climate change is disproportionately...

Popular