News Report Technology
September 01, 2023

Akash Network’s Sixth Mainnet Upgrade Unveils Decentralized NVIDIA GPU Access

In Brief

Decentralized cloud compute provider Akash Network is bringing NVIDIA GPU support in its sixth mainnet upgrade.

Network providers will be able to offer GPU resources to deployers worldwide.

Both providers and deployers will be able to settle payments in USDC.

Akash Network, a decentralized cloud compute marketplace, announced its GPU support offering in the sixth mainnet upgrade.

The announcement comes at a time when the demand for GPU resources exceeds supply as artificial intelligence startups develop new innovations to capitalize on the AI gold rush.

“For those looking for on-demand compute, it’s not always easy to find. Users of CSPs are forced to accept permissioned access and the risk of vendor lock-in, and this is only if the desired GPU units are even available,” Akash Network explained in a blog post.

The platform said that top-tier GPUs are typically reserved for exclusive use to major clients due to high demand.

Describing itself as the “Supercloud for AI,” Akash Network aims to address these issues by providing permissionless access to computing resources. This includes GPUs from various providers, ranging from independent to hyperscale.

New Features and Enhancements in Mainnet Upgrade

Akash’s sixth Mainnet upgrade introduces GPU support, stable payments, and Take Rates. Network providers can now offer GPU resources to global deployers, and both parties will be able to settle payments in USDC. 

The main feature of the upgrade is Akash’s open-source marketplace for high-density GPUs. The company intends to modify Akash’s current cloud infrastructure, enabling network providers to support GPUs.

Akash said that it will focus its initial support and testing on NVIDIA GPUs given the AI industry’s preference for them. In future, the network plans to expand support and testing for other chip manufacturers including AMD and others.

According to the company, over 1,300 people signed up to participate in the Akash GPU Testnet in August. It hosted NVIDIA H100s, and A100s, along with consumer-grade GPUs from the 30-series and 40-series.

“Access to consumer-grade GPUs is one way the Akash Supercloud stands apart from other cloud providers. These models are typically overlooked, even though they can often run inference on less memory-intensive AI models,” the company said.

The next phase of the testnet will involve deploying various AI models on each GPU type to determine the most suitable GPU type for specific deployments.

Those interested in accessing high-performance NVIDIA GPUs can view available models at this link.

Disclaimer

In line with the Trust Project guidelines, please note that the information provided on this page is not intended to be and should not be interpreted as legal, tax, investment, financial, or any other form of advice. It is important to only invest what you can afford to lose and to seek independent financial advice if you have any doubts. For further information, we suggest referring to the terms and conditions as well as the help and support pages provided by the issuer or advertiser. MetaversePost is committed to accurate, unbiased reporting, but market conditions are subject to change without notice.

About The Author

Cindy is a journalist at Metaverse Post, covering topics related to web3, NFT, metaverse and AI, with a focus on interviews with Web3 industry players. She has spoken to over 30 C-level execs and counting, bringing their valuable insights to readers. Originally from Singapore, Cindy is now based in Tbilisi, Georgia. She holds a Bachelor's degree in Communications & Media Studies from the University of South Australia and has a decade of experience in journalism and writing. Get in touch with her via cindy@mpost.io with press pitches, announcements and interview opportunities.

More articles
Cindy Tan
Cindy Tan

Cindy is a journalist at Metaverse Post, covering topics related to web3, NFT, metaverse and AI, with a focus on interviews with Web3 industry players. She has spoken to over 30 C-level execs and counting, bringing their valuable insights to readers. Originally from Singapore, Cindy is now based in Tbilisi, Georgia. She holds a Bachelor's degree in Communications & Media Studies from the University of South Australia and has a decade of experience in journalism and writing. Get in touch with her via cindy@mpost.io with press pitches, announcements and interview opportunities.

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