In an exclusive interview with Cointelegraph, Dan Wang, the co-founder and chief business officer of Aethir, revealed that the company aims to become the AirBnB of spare graphics processing units (GPUs). Aethir, backed by Nvidia, is currently in the process of developing a decentralized GPU cloud infrastructure network for artificial intelligence (AI) and gaming applications.
Wang highlighted that the overall utilization of GPUs is currently quite low. To address this issue, Aethir is introducing an intelligent routing feature that will match the type of computing demand with the appropriate GPU power, thereby increasing GPU utilization. Wang noted that higher GPU utilization could lead to the development of more advanced AI use cases by reducing the cost of computing power.
Aethir is preparing to launch its initial node offering on March 14, followed by a public node sale on March 20.
Wang also discussed the global GPU shortage, stating that a significant portion of the problem stems from the underutilization of older GPU models. Nvidia, a chipmaker that has faced challenges meeting the demand for its GPUs in the past, experienced supply issues starting in 2017 when the cryptocurrency mining boom attracted more individuals to the market. Although the GPU shortage subsided for a while, it resurfaced in 2020 and has yet to show any signs of improvement.
As the demand for GPUs continues to rise, Aethir’s innovative approach to increasing GPU utilization could help address the current shortages and pave the way for further advancements in AI and gaming applications.