Bitcoin mining company Bitfury invests $12 million in decentralized AI computing network Gonka AI.

Odaily Planet Daily reports that Bitcoin mining company Bitfury Group recently completed a $12 million strategic investment in decentralized AI computing network Gonka.ai, subscribing to 20 million GNK tokens at a price of $0.6 per token. Founded by serial entrepreneurs the Lieberman brothers, Gonka.ai aims to build a blockchain-based distributed GPU computing power market. This investment is Bitfury's first publicly disclosed investment since establishing a $1 billion ethical AI fund, indicating that traditional mining companies are systematically deploying in the decentralized AI infrastructure sector.

According to publicly available data, Gonka has over 5,000 NVIDIA H100 series GPUs equivalent to its computing power across the network, and supports nearly 20 mainstream AI devices, including the 3080, 4090, H100, and H200, forming a distributed computing power cluster. This is expected to break the monopoly of NVIDIA and cloud service providers and significantly reduce AI development costs. As previously reported, Gonka completed an $18 million funding round in 2023, with investors including OpenAI investor Coatue Management, Solana investor Slow Ventures, K5, Insight, and several partners from Benchmark. Early contributors also include several well-known industry institutions such as 6 Block, Hard Yaka, Gcore, and Hyperfusion. (Forbes)