Wu Blockchain has learned that Bitcoin mining company Bitfury has announced a $50 million investment in the decentralized and efficient AI computing network Gonka. This is the first investment under its $1 billion "Emerging Technology Initiative" announced last year. Gonka, incubated by Product Science, supports the contribution of computing power from any hardware (ranging from a single GPU to data centers) for model training, inference, and scientific computing. Bitfury had already disclosed a $12 million strategic investment in Gonka AI's GNK token last month.
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Wu Blockchain has learned that Bitcoin mining company Bitfury has announced a $50 million investment in the decentralized and efficient AI computing network Gonka. This is the first investment under its $1 billion "Emerging Technology Initiative" announced last year. Gonka, incubated by Product Science, supports the contribution of computing power from any hardware (ranging from a single GPU to data centers) for model training, inference, and scientific computing. Bitfury had already disclosed a $12 million strategic investment in Gonka AI's GNK token last month.