The Wall Street Journal revealed that EMC, a company that helps Chinese developers obtain the necessary computing power, may become a new market star

cryptoHowe.eth2024/08/30 08:07

By:cryptoHowe.eth

Today saw the Wall Street Journal published a "Chinese artificial intelligence engineers are secretly using the banned NVIDIA chip" report, found some interesting data and potential investment opportunities, just to share with you.

The report reveals various means used by Chinese AI developers to bypass US computing power export controls, and describes in detail how they use smart contracts and decentralized platforms to obtain the required high-performance chips while maintaining high levels of privacy. This situation not only reflects the extreme imbalance in China's computing power supply and demand, but also highlights the huge potential of the decentralized computing power market.

The report mentions some companies that help Chinese developers obtain the required computing power, among which the most notable are ionet and EMCprotocol . The emergence of these projects demonstrates their strong strength in technology and market.

io.net The maximum FDV is as high as $4.80 billion, and the project token has been listed on Binance, so the investment opportunities are relatively limited. However, as an early-stage project, EMC's current market value is only $200 million, and according to the official token economics, more than half of the tokens are locked in contracts, so the actual market value will be lower, and there is a lot of room for growth.

Especially in the Web3 + AI field, EMC has received high attention from the US government and official media since its inception, which undoubtedly indicates the huge investment opportunities that EMC may bring in the future .

The Wall Street Journal revealed that EMC, a company that helps Chinese developers obtain the necessary computing power, may become a new market star image 0

What makes EMC unique is that it is the world's first platform to propose the concept of "DeAI" . EMC is building a Layer1 network specifically designed for DeAI, aiming to solve various shortcomings of existing public chains in AI applications.

Through a blockchain network tailored for AI use cases, EMC will provide native support for distributed GPU computing, seamlessly integrate with major language models (LLM) and AI frameworks, and optimize data storage and retrieval for AI workloads. These features will make it easier for developers to build, deploy, and scale decentralized AI applications on the EMC network, Truly achieving the universality of AI and breaking the monopoly position of existing tech giants. This is also why EMC has aroused the vigilance of Western oligarchs and was specifically mentioned by the Wall Street Journal .

Currently, EMC is upgrading its Layer1 network and building a new ecosystem. From the protocol layer, network layer, application layer to the asset layer, EMC's new architecture will provide developers with greater convenience and help them build and deploy DePIN applications more easily. For more information, please visit EMC's official Twitter account @EMCprotocol.

It is worth mentioning that the Wall Street Journal's reports have always been known for their high entry barriers , and it is not enough to just rely on money to get into the newspaper. It usually only reports on major international events and has strong foresight. Therefore, the focus on the decentralized computing power track and the mention of projects such as io.net and EMC further demonstrate the importance of this track and the huge potential of such projects.

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

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The Wall Street Journal revealed that EMC, a company that helps Chinese developers obtain the necessary computing power, may become a new market star

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