Aethir, Beam Foundation, and MetaStreet Launch $40 Million Tactical Compute Initiative
To meet the rising demand for computing power in artificial intelligence (AI) and blockchain, Aethir, Beam Foundation, and MetaStreet have launched Tactical Compute (TACOM), a $40 million initiative.
This collaboration aims to transform access, monetization, and scaling of compute resources in the technology sector.
Targeting Compute Needs with Tactical Precision
The program will utilize Aethir's decentralized GPU network, Beam Investments, and MetaStreet’s decentralized finance (DeFi) tools to integrate traditional compute economics with crypto-native innovations. It focuses on hardware financing, private yield arbitrage, and network bootstrapping, addressing compute shortages.
The initiative aims to enhance GPU efficiency and develop new monetization models, drawing parallels to Microsoft Azure's credit system. Daniel Wang, CEO of Aethir, stated that this venture could stimulate technological growth.
“We’re excited to partner with Beam Foundation and MetaStreet on Tactical Compute. This initiative will help address the increasing demand for computing power in AI and blockchain. With Aethir’s decentralized GPU network at its core, this venture positions us to unlock new opportunities in compute resource monetization and drive innovation in scalable AI and decentralized technologies,” Wang said.
Beam to Participate With $5 Million Investment
Permian Labs, MetaStreet’s development arm, will contribute its expertise in DeFi-based GPU financing. Beam is investing $5 million into the initiative, supported by other backers like the Sophon Foundation. The goal is to ensure accessible and scalable computing power aligned with the growing need for AI applications and decentralized systems.
Beam indicated that Tactical Compute seeks not only to fulfill current needs but also to redefine how compute power is valued and utilized. By pursuing compute-centric opportunities, the initiative aims to tackle resource scarcity while promoting sustainable growth in the compute market.
Tactical Compute represents a significant effort to create efficient infrastructure for AI and blockchain through collaboration among partners, addressing technological challenges and fostering digital innovation.