Akash Network to Participate in ICML in Vancouver on July 7th

Akash Network will act as a platinum sponsor at the International Conference on Machine Learning (ICML) in Vancouver, Canada, scheduled for July 7–13. Representatives intend to present the project’s decentralised cloud infrastructure at booth 107 during the conference.

The engagement aligns with ICML’s focus on machine-learning research and engineering, offering participants information on blockchain-enabled computing resources.

Refer to the official tweet by AKT:

The Akash core team is proud to be a platinum sponsor at ICML in Vancouver next week!

We’re excited to meet ML researchers, engineers & innovators.

Be sure to stop by booth #107 to see how Akash is powering the next wave of AI.

AKT Info

Akash Network is a decentralized cloud platform for hosting web applications and other technology solutions. The project was created to eliminate the problems associated with centralized cloud services such as Amazon Web Services (AWS), Google Cloud and others.

Compared to traditional cloud services, Akash Network is more energy-efficient. The network's consensus mechanism is based on Proof-of-Stake, which is considered to be more environmentally friendly than Proof-of-Work used by many other blockchain networks.

Akash Network’s global marketplace ensures that AI developers and researchers worldwide have equal access to GPU resources, irrespective of their geographical location.

By providing an efficient, secure, and cost-effective alternative for AI hosting through its GPU marketplace, Akash Network is not only revolutionizing cloud computing but also making a substantial impact on the rapidly growing field of artificial intelligence.

In the Akash network, cloud hosting resources are distributed among network participants. Participants can offer their unused computing resources such as bandwidth, memory, and CPU time, which can then be rented for hosting applications and services. This makes cloud services more accessible and democratizes access to cloud computing.

AKT is the native cryptocurrency token of Akash Network. It is integral for securing the network, executing transactions and contracts, and incentivizing community participation through staking and rewards.