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September 24, 2024

Berkeley Compute Launches, Secures Investment from Chia Network

Silicon TeamSilicon Team
Berkeley Compute Launches, Secures Investment from Chia Network

Berkeley Compute announces its official launch alongside a strategic investment from Chia Network, marking a significant milestone in the development of decentralized AI compute infrastructure.

We believe that the future of AI lies in open source and decentralization. We are thrilled to use the Chia blockchain to build a decentralized market for tokenized AI compute. We believe the Chia blockchain's technology advantages in tokenized real world assets (RWAs) and its large network creates a unique opportunity for launching a fast growing decentralized physical infrastructure (DePIN) on Chia.

Paul Hainsworth, founder and CEO of Berkeley Compute

Berkeley Compute's efforts to enable more accessible and efficient markets align with the technology we've built. The demand for AI compute continues to rise, and we believe that Berkeley Compute is uniquely suited to execute on their mission, leveraging the Chia blockchain infrastructure.

Gene Hoffman, CEO of Chia Network Inc.

The partnership combines Berkeley Compute's vision for accessible GPU infrastructure with Chia's proven blockchain technology for real-world asset tokenization, creating a foundation for the next generation of decentralized compute markets.