We are thrilled to announce the official launch of Berkeley Compute, a revolutionary new decentralized GPU platform that stands at the intersection of artificial intelligence (AI) and blockchain technology. We have been operating in stealth mode for the last six months, launching amidst the growing demand for AI compute resources. Today, we want to share our vision with the world and our $5M seed round, led by Chia Network. More details about the funding here.
Our mission: To empower millions to own a piece of the largest distributed GPU network.
Access and ownership to AI compute resources should not be limited to a select few. We're enabling individuals and organizations of all sizes to participate in the AI revolution. Our platform allows GPU owners to monetize their hardware, data center operators to manage resources efficiently, and AI developers to access affordable, scalable compute power.
At Berkeley Compute, we want to build the most powerful, cost-effective compute network to accelerate the AI revolution. We believe that by providing great tools to operators and GPU cluster owners, we can accelerate faster than any one operator.
Our vision: to decentralize AI compute infrastructure
Berkeley Compute enables data center operators to have powerful blockchain capabilities to crowdsource capital to sell GPUs, automate operations and payments, and manage large GPU clusters. At scale, anyone can join and provide resources to the network. We also view the operation of GPU clusters as separate from ownership.
Market participants have permissionless access to purchase tokenized assets that generate real revenue from the growing AI compute demand.
AI startups have instant access to scalable, reliable, and inexpensive compute to grow their businesses.
Blockchain technology is at the heart of our platform, transforming physical AI infrastructure into digital twins, providing the transparency, permissionless markets, and blockchain ecosystem. We believe that:
Berkeley Compute’s mission and vision are unpinned by a multifaceted thesis.
“We need to act wisely but with conviction. The dawn of the Intelligence Age is a momentous development with very complex and extremely high-stakes challenges” @sama
We chose to start our journey on Chia blockchain for a variety of reasons.
Firstly, we know that Chia has fantastic technology that can enable Berkeley Compute. Its NFT standard enables a highly secure, self-custodied ownership and provenance for real world assets. Chia’s pioneering Offers primitive creates One Market for trading GPUs and compute tokens.
Secondly, Berkeley’s co-founders are all known entities in the Chia ecosystem: Paul Hainsworth is a former Chief Product Officer; JM Hands is a former VP of business development at Chia and a current advisor; Dylan Rose built Evergreen, the largest business in terms of revenue by a third party Chia ecosystem player. As we seek to grow Berkeley Compute alongside the Chia ecosystem, we are well placed to build on our reputations.
Finally, we believe that Chia’s ecosystem is a massive accelerator to our growth. There are tens of thousands of farmers, including thousands running data center operations. Most of these data center farmers are already running highly sophisticated operations including with GPUs. These farmers are well placed to contribute idle resources to the Berkeley Compute ecosystem, and to grow their business as a significant operator on our network.
We are driving toward a testnet release in Q1 2025, with mainnet in Q2 2025. Berkeley Compute grows on the supply side by adding operators, and GPUs to the network. Today, we announce two partnerships on the operator side. Evergreen, Dylan’s company, has over 800 GPUs running in a data center. The majority of these GPUs will be tokenized and put to work on Berkeley Compute. FarmGPU, JM’s company, will have about 200 GPUs by the end of year, online in its own data center. Similar to Evergreen, most of these will be tokenized and available for rent on Berkeley Compute.
In Q4, we plan to start onboarding new data center operators. You can join our waitlist here. We will partner with Evergreen, FarmGPU and our newest operators to enable early participation as a GPU owner. For those interested in signing up to purchase GPU NFTs, you can get on our waitlist here.