Artificial Intelligence, commonly known as “AI,” is growing in the tech world at an impressive rate. Not only are tech companies creating more advanced AI innovations and methods for developing the burgeoning space, but investors are taking notice as well.
AI, and all the associated industries that facilitate its continued growth, is undergoing a tremendous increase in funding since the beginning of the new millennium. From 2000 to 2015, the amount of venture capital funds invested in startups developing AI systems increased six-fold
However, with all that development comes difficulties for those building AI systems.AI is processing-intensive and requires a significant amount of computing power to build and facilitate the systems advancing the movement.
While the new space is exciting for tech companies, it also poses an expensive problem for properly scaling and growing operations. That’s where Tatau comes in.
A Blockchain-Based AI Computing Platform
Where others saw issues in the AI industry, Tatau saw an opportunity.
This startup is utilizing blockchain technology to connect and create the infrastructure necessary for businesses to fulfill their computational power needs without having to invest in all the hardware themselves. To solve the problem, the Tatau team is connecting and facilitating a distributed network of computers and GPUs that companies can connect with and pay to utilize their power with the Tatau platform’s native token, TATAU.
Tatau identified the shortcomings in the AI market and could see that there must be a better way to enable growth for the companies developing AI. The current state of the tech and AI industries require businesses to either put up the capital to invest in hardware for processing or to purchase expensive computing power from big companies like Amazon, Google, and IBM.
Tatau recognized this pain point and implemented a democratized blockchain-based system to not only solve this problem—but to increase the sector’s efficiency as well.
How Does it Work?
The problem is simple: There’s a lot of processing power in the world not being utilized efficiently. There are a lot of people and businesses who need that power. How do we connect the two to enable greater development in the AI industry and benefit both sides?
Much like the rise of the sharing economy with services like Uber, Lyft, and Airbnb, which allow consumers to realize more potential from their under-utilized assets, Tatau is doing the same for computing power.
The new Tatau platform, known as Sarai (an acronym for Supercomputer Access for Rendering and Artificial Intelligence), allows users to sign up and let their unused computational capability be used by businesses that need it for AI development and any other process.
While one single GPU will not offer the processing power required to develop AI neural networks or render hours of video, a distributed network of computers and GPUs from all over the world can tackle tasks much faster when coordinated and working together. In addition to the raw compute power the network will have, Sarai will be the first commercially-viable decentralized supercomputer that is already pre-configured to perform deep learning and other advanced AI computations.
The result of the platform is a new “compute on tap” ability for both individuals and businesses of any size that has never been properly done in the AI space before, all provided via the Function-as-a-Service model to enable more efficient AI outcomes.
Benefits and Features
When it comes to the benefits of the platform, Tatau is building a package of features for Sarai that no other project has been able to offer together before.
Tatau’s Sarai system is completely pay-per-compute, meaning that users will only pay for the compute power they actually need. There’s no need to purchase packages or limits for what you or your business thinks it may need. Instead, users are only charged for actual processing power consumption.
Additionally, the platform is far more versatile than many comparable projects on the market. Tatau allows users to take advantage of the platform and network regardless of what device they’re on and what operating system they’re running.
Those looking to take advantage of the platform by putting their own power to work for them can even interact with Tatau regardless of their hardware capabilities. Whether a user owns a GPU processing farm or just a personal gaming PC, everyone can participate.
When it comes to security, Tatau’s Sarai is leading the way for the AI industry with the platform’s proprietary system that verifies suppliers’ work, protects against fraud, and ensures end-to-end privacy.
Results from the platform are verified genuine by using cutting edge machine-learning techniques that are more efficient than anything else the team has tested.
On top of all the features of the platform, there are more implications and uses for the network besides just the AI industry. Though AI is growing rapidly and the demands from developers are grand, there are other uses for a decentralized network of GPUs in the economy as well, many of which can prove to be more profitable for hardware owners than mining cryptocurrencies. Tatau is building a better platform to handle it all.
How to Get Involved?
While Tatau already completed its first round of funding this past April, raising a total of $1.5 million in an over-subscribed initial seed funding led by Techemy Capital, those interested in the project will have another opportunity to get involved starting September of this year.
Tatau will be launching a round of private pre-sale funding soon for another round of investors before the final product launch currently scheduled for June 2019. Besides investors, those interested in utilizing the platform for their own business or computing power can sign up on the Tatau website for updates on the beta release and product development.
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