io.net and Injective join forces to power DeFAI

io.net and Injective join forces to power the future of decentralized finance and artificial intelligence on the Injective Network.

Decentralized physical infrastructure network io.net (I.O.) will help make this a reality with the expansion of its decentralized GPU computing network to Injective (INJ). The Injective team announced the development via a blog post is January 14.

According to the platform, the integration is live and io.net now supports DeFAI developers on the INJ network.

The DePIN market is currently worth around $32 billion, with io.net being one of the top projects in the industry in terms of market capitalization. Major projects in the sector include Render, Filecoin, Theta Network and The Graph. By data crypto.newsio.net’s market capitalization is $393 million as of January 14, 2025.

Meanwhile, the market capitalizations of AI agents and AI stand at $13 billion and $44 billion, respectively. Incubated by Binance, Injective, backed by major venture capital firms such as Jump Crypto and Pantera Capital, has a market capitalization of $2.03 billion. Injective is the blockchain for DeFi, real-world assets and AI.

By advancing decentralized computing and AI on the blockchain, io.net and Injective open the web3 space to manufacturers, with the available tools exploiting Injective’s iAgent framework and o.net’s decentralized GPU network.

In December 2024, Injective and Aethir announcement a major collaboration that introduced tokenized allocation of GPU computing resources.

The initiative includes converting GPU resources into tradable tokens on Injective. This means that developers, researchers and businesses can access computing resources at more flexible and cost-effective prices within the AI ​​ecosystem.