Io.net Hosts Keynote at IO Summit, Announces Funding and Developments

Wednesday, June 5, 2024 6:36 PM
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io.net, a decentralized physical infrastructure network, held a keynote at the IO Summit, updating the community on its recent milestones and development plans. The event featured presentations by CEO Ahmad Shadid and other leaders, as well as high-profile guests like Anatoly Yakovenko and Dr. Avery Ching. The keynote highlighted io.net’s recent $30 million Series A funding round and its growing adoption. io.net aims to democratize GPU compute capacity, reducing costs and expanding choices for businesses and engineers. The team also revealed details of key utilities being developed for its DePIN.

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