Background & Challenges

One of the biggest challenges facing AI developers today is the high cost and limited availability of high-performance computing resources. Building and training AI models requires a significant amount of computing power, which can be prohibitively expensive for many individuals and organizations.

Traditionally, AI developers have relied on cloud-based computing solutions to access the computing resources they need. However, these solutions can be expensive, with costs often running into the thousands of dollars per month. Additionally, cloud-based solutions can be slow and unreliable, leading to longer development times and increased costs.

Furthermore, access to computing resources is often limited to larger organizations or those with significant financial resources, leaving smaller organizations and individual developers at a disadvantage. This lack of access can limit innovation and slow the pace of AI development.

SynthNet solves this problem by providing a decentralized platform that connects individuals and organizations who have spare GPU resources with those who need them for AI development. By leveraging the power of blockchain and distributed computing, SynthNet enables users to access high-performance computing resources at a fraction of the cost of traditional cloud-based solutions.

This democratizes access to computing resources and levels the playing field for AI developers of all sizes and resources. Additionally, by using a decentralized platform, SynthNet enables greater collaboration and innovation in AI development, which can lead to faster progress and breakthroughs in the field.