Leonardo AI Partners with IO.net for Enhanced Visual Creativity Using Advanced GPU Technology

Introduction

Singapore, Singapore, June 5th, 2024, Chainwire – Leonardo AI, the innovative generative AI platform, has announced a strategic partnership with IO.net, a decentralized physical infrastructure network (DePIN). This collaboration aims to leverage IO.net’s powerful GPUs to boost Leonardo AI’s image generation capabilities through advanced text prompts.

Details of the Partnership

The partnership agreement allows Leonardo AI access to IO.net’s high-performance GPUs, including 24xA100s from May 1st to August 31st. Post this phase, Leonardo AI will consider a longer-term A100 contract with IO.net. Furthermore, Leonardo AI plans to procure 80xL40s from IO.net for an annual commitment, pending successful testing.

CEO's Statement

Ahmad Shadid, Founder and CEO of IO.net, expressed his excitement about the collaboration, stating, “We are proud to support Leonardo AI with our high-performance A100 and L40s GPUs. This partnership underscores our commitment to powering innovative applications in AI and graphics processing. We look forward to seeing how our technology can help Leonardo AI transform visual asset generation, and we are enthusiastic about the prospect of a long-term collaboration."

Decentralized Cloud Computing Benefits

IO.net’s decentralized approach to cloud computing offers enhanced control and flexibility for its users. Unlike traditional hyperscalers or specialized cloud providers that are often expensive, IO.net operates on a distributed infrastructure. This model provides permissionless and cost-efficient services, potentially reducing cloud AI expenses by up to 90%.

Global Reach and Impact

Chris Gillis, Co-founder and CFO of Leonardo.ai, highlighted the global impact of the partnership: “Leonardo.ai serves a global customer base of creatives across various industries. With over 16 million users, we have found IO.net to be incredibly reliable and cost-effective as we scale our platform to meet global demand. The IO.net team has been exceptional to work with, demonstrating a commitment to speed, excellence, and innovation that aligns perfectly with our vision."

About Leonardo.ai

Leonardo.ai's enterprise offerings enable creative teams to generate visual assets in real-time, leverage private cloud storage, and access enterprise APIs. Since its launch in 2022, the platform has garnered over 15 million users worldwide, generating more than one billion images. It is widely used across industries such as advertising, marketing, design, architecture, film, fashion, photography, e-commerce, and education.

Final Thoughts

The partnership between Leonardo AI and IO.net is set to revolutionize AI-driven visual creativity. By leveraging IO.net's advanced GPU technology, Leonardo AI can enhance its image generation capabilities, offering unmatched creativity and efficiency to its global user base. This collaboration underscores both companies' commitment to innovation and excellence in the field of AI and graphics processing.