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- 🎉 Hey Gate Square friends! Non-stop perks and endless excitement—our hottest posting reward events are ongoing now! The more you post, the more you win. Don’t miss your exclusive goodies! 🚀
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4. Submissions must be original and comply with community guidelines. Plagiarism or re - 🎉 The #CandyDrop Futures Challenge# is live — join now to share a 6 BTC prize pool!
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Compute Labs has partnered with NexGen, expecting to achieve a 30% annual return through the tokenization of AI infrastructure.
Gate News bot news, Compute Labs and enterprise AI cloud company NexGen Cloud announced on Wednesday that they have joined forces to allocate ownership of a "public treasury" valued at $1 million. Compute Labs is dedicated to transforming industrial-grade GPUs that power AI data centers into tokenized, divisible earnings.
The functionality and profitability of AI infrastructure are largely centralized, often limited to hyper-scale enterprises like AWS or large venture capital-backed companies. However, Compute Labs is attempting to directly provide its Token holders with the profit potential of enterprise-grade hardware, such as the NVIDIA H200 GPU, which retails for around $30,000 per unit.
Compute Labs stated in a press release: "For investors, this pilot project represents the first opportunity to earn stablecoin yields directly from real-time artificial intelligence computing, without the need to manage hardware or rely on overvalued public stocks."
The European company NexGen provides artificial intelligence computing power to its clients and raised $45 million in funding in April. The company will process the initial financing through its investment division InfraHub Compute. The funds raised will be used by InfraHub to purchase GPUs, which will then be allocated to investors and clients. The first "vault" has raised $1 million from investors. The company stated that the initial vault will be equipped with top-tier NVIDIA GPUs, currently used for "AI training and inference." According to active enterprise GPU leasing agreements, the two companies expect their USDC yield to potentially exceed 30% per year.
Compute Labs has received support from companies such as Protocol Labs, CMS Holdings, and Amber Group. The company adopts a 10% fixed fee structure for tokenization, asset management, and performance returns.
Source: CoinDesk