Planck launches layer-0 blockchain for artificial intelligence

Key Points

1. The new blockchain targets decentralized AI networks (DePINs), combining hardware and token resources to challenge centralized AI compute providers.

2. Planck, the company behind the initiative, highlights that high-performance AI compute is currently dominated by a few tech giants.

3. Planck generates most of its revenue from GPU rentals, offering up to 90% cost savings compared to traditional cloud services.

4. The GPU-as-a-service market is growing rapidly, projected to reach $32 billion by 2034, driven by the ongoing AI chip shortage.

5. Planck competes with other infrastructure providers like Vast.ai, CoreWeave, and Lambda in the decentralized GPU rental space.