Aethir Cloud Network Launches on Ethereum Mainnet

Summary of the Article on Aethir’s Cloud Network Launch
Aethir, a decentralized public infrastructure network (DePIN), has launched its cloud network on the Ethereum mainnet. DePINs use blockchain to create and operate physical hardware infrastructure in a decentralized manner. Aethir’s platform enables data centers, cloud providers, and crypto mining companies to contribute idle GPU resources. The company serves AI firms and gaming studios across Southeast Asia, Latin America, and North America.
In 2023, Aethir raised $9 million in a pre-funding round, achieving a $150 million valuation. Investors include Framework Ventures, Advantage Circle, Hashkey, and Animoca Brands. The company also introduced a staking program, allowing users to participate in its distributed GPU network and earn rewards. The staking pools, ATH Gaming and ATH AI, offer additional rewards from Aethir’s gaming and AI partners.