Low-key altcoins are bucking volatility in the cryptocurrency market this week after setting off their own uptrend and recording significant gains.
Akash Network (AKT) is a decentralized open source cloud network that supports decentralized finance (DeFi) applications and organizations, as well as machine learning, blockchain and artificial intelligence (AI).
The project’s native token, AKT, surged from a weekly low of $0.319 to a high of $0.462, registering a gain of more than 44%.
The Akash Network price spike came this week as the project was working on artificial intelligence tests on its testnet.
I will explain Twitter account of the project,
“The Akash GPU Testnet has completed an incredible week of progress. Multiple leading AI models have been tested on Nvidia A100s via the Akash GPU Testnet, bringing Akash one step closer to creating an AI supercloud.” I was…
All of this effort has led to an incentivized Akash GPU testnet that engages the community to provide GPU computing, deploy and benchmark models, create deployment specifications, and be rewarded for participating. increase. “
The Nvidia A100 is a high performance graphics processing unit (GPU).
Akash Network Founder Greg Osuri I got it Last week it was announced that the testnet is now hosting AI apps.
“Akash GPU Testnet currently hosts amazing AI apps such as AutoGPT, BabyAGI and Stable Diffusion, perfectly leveraging the decentralized GPU market.
This is the first instance where an open source supercloud can host open source AI.
It’s not hard to see why GPUs could be in short supply at the current level of demand to run these models when the mainnet launches in a few weeks. “
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