Avalanche Foundation Partners with Aethir to Fast-Track infraBUIDL(AI) Grantees into Aethir’s $100M Ecosystem Fund
The Avalanche Foundation is pleased to announce a strategic partnership with Aethir, a leader in decentralized graphics processing unit (“GPU”) cloud computing services. This collaboration aims to support the growth of artificial intelligence (“AI”) within the Avalanche ecosystem by leveraging Aethir’s expertise and resources.
"Aethir’s integration of Avalanche into its $100M ecosystem fund marks a major milestone for the Foundation. This is our first major partnership involving third-party grant activity, and Aethir’s $100M in computing power will accelerate AI and gaming projects on Avalanche." said Aytunç Yildizli, Chief Executive Officer at the Avalanche Foundation.
Avalanche’s infraBUIDL(AI) Program
The infraBUIDL(AI) Program is a new initiative designed to support the growing intersection of AI and decentralized infrastructure with up to $15M in direct funding and retroactive grants.
This program aims to fuel innovation within the Avalanche ecosystem by funding AI-driven projects that contribute to the development of intelligent, next-generation blockchain applications. With AI poised to transform industries, the infraBUIDL(AI) Program positions the Avalanche network at the forefront of this evolution.
Aethir’s $100 Million Ecosystem Fund for AI and Gaming Innovators
Aethir’s $100M Ecosystem Fund is reserved for innovators developing and launching AI and gaming companies that provide optimal utility and user experience. Aethir’s Ecosystem Fund is designed to support the most promising AI and gaming projects in Web3, with a primary focus on innovations in decentralized AI as the most groundbreaking sector in the industry.
Aethir will prioritize AI projects from the Avalanche infraBUIDL(AI) Program for their fund. This ensures that AI innovators have fast access to the resources needed to scale on Avalanche. Grant allocation will be based on the specific computing needs of each project.
Key Aspects of the Partnership
This partnership is focused on accelerating AI development through seamless collaboration:
- Aethir Joins the infraBUIDL(AI) Committee: Aethir will join the infraBUIDL(AI) Program committee to offer valuable insights and help select projects for funding. This collaboration ensures AI-driven projects receive comprehensive support from both the Avalanche Foundation and Aethir.
- Fast-Tracking Projects: AI projects approved by the infraBUIDL(AI) Program will be fast-tracked into Aethir’s $100M Ecosystem Fund. This initiative will provide these projects with the computational resources needed to scale effectively. Aethir will provide compute grants for eligible projects to support their Web3 journey and help them bring innovative AI products to life.
- Community Integration: Aethir will help integrate AI projects from their community into the Avalanche infraBUIDL(AI) Program, creating a more interconnected and robust AI ecosystem.
Apply for the infraBUIDL(AI) Program
For more details on the infraBUIDL(AI) Program, including eligibility criteria and application requirements, visit the Forum or www.infrabuidl.ai.
All applications must be submitted via the following form.
About Aethir
Aethir is revolutionizing DePIN with its advanced and distributed enterprise-grade GPU compute infrastructure tailored for AI and gaming. Thanks to a constantly growing network of over 400,000+ top-shelf GPUs, Aethir can provide enterprise-grade GPU computing wherever it’s needed, at scale. Aethir aims to serve enterprise AI clients who need the world’s most powerful AI chips, such as NVIDIA H100s and NVIDIA H200s, and support hundreds of thousands of cloud gaming players with best-in-class experiences worldwide. This is accomplished with a decentralized architecture, bringing the GPU cloud to the community and making computing accessible for all.
Backed by leading Web3 investors like Framework Ventures, Merit Circle, Hashkey, Animoca Brands, Sanctor Capital, Infinity Ventures Crypto (IVC), and combined with a large node sale, Aethir has over $150M to power the ecosystem. Aethir is paving the way for the future of decentralized GPU computing.
About the Avalanche Foundation
The Avalanche Foundation is a non-profit organization dedicated to supporting the development and growth of the Avalanche ecosystem. Through initiatives like the infraBUIDL(AI) Program, the Foundation fosters innovation and collaboration in the blockchain and AI sectors.
This partnership between the Avalanche Foundation and Aethir is a significant step in integrating AI with decentralized infrastructure, providing developers with the tools and resources necessary to build the next generation of intelligent applications on the Avalanche network.
About Avalanche Blockchain Network
Avalanche is a high-performance blockchain platform designed for builders who need to scale. Engineered with a revolutionary three-part Layer 1 (L1) architecture, Avalanche is anchored by its Avalanche Consensus Mechanism, ensuring near-instant finality for transactions. The platform also features an open-source Layer 0 (L0) framework, enabling the seamless creation of interoperable Layer 1 blockchains with high throughput on both public and private networks.
Supported by a global community of developers and validators, Avalanche offers a fast, low-cost environment for building the next generation of decentralized applications (dApps). With its unique blend of speed, flexibility, and scalability, Avalanche is the preferred choice for innovators pushing the boundaries of blockchain technology.
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