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- EMC announced that it provides GPU rental services and an AI platform based on the NVIDIA H100 cluster 'SuperPOD'.
- The GPUs within EMC can be combined with DeFi services to generate an annual additional income of 2.7~7.1%.
- The outlook for EMC's decentralized GPU project is positive, with reports predicting that the total revenue of this service could surge from 30% to a maximum of 200%.
- The article was summarized using an artificial intelligence-based language model.
- Due to the nature of the technology, key content in the text may be excluded or different from the facts.
Alex Go, founder of EMC, is participating in Token2049 explaining the NVIDIA H100 cluster SuperPOD. /Photo provided by EMC
As previously explained, EMC is a project that leases the computing power of GPUs. To this end, EMC currently has secured 274 nodes on its blockchain and registered over 3,000 GPUs. The GPUs provided by EMC include NVIDIA A100, GeForce RTX 4090, and GeForce RTX 3090.
In particular, the cluster 'SuperPOD' made by assembling 1,024 'NVIDIA H100' GPUs is considered EMC's strength. Previously, EMC participated in the 'Singapore Token 2049' conference and demonstrated a real-time demo of SuperPOD.
EMC not only leases GPUs but also provides various AI-related services to users. An example is the platform business that allows users to develop and content AI more easily. The EMC AI platform, EMC HUB, includes ▲ AI agent Jarvis Bot that can generate various content, ▲ creative work trading application OmniMuse, ▲ 3D content creation application JoJo World.
Additionally, EMC is helping to build a network suitable for AI use. Specifically, by introducing technologies such as smart routing and data caching, it has implemented low latency and high transaction throughput in the network. EMC stated, "Our goal is to become a platform that encompasses almost everything in the AI field," and "Developers will be able to smoothly test and launch their AI models on the EMC network."
Furthermore, EMC is also providing DeFi services utilizing GPUs. Currently, anyone within EMC can purchase the computing power of NVIDIA H100 GPUs in token form, and by staking it through EMC's DeFi, they can earn additional income of about 2.7~7.1% annually depending on the period. Currently, about 2.6 million EMC tokens are staked in this DeFi service.
Photo captured from CoinMarketCap
As of 10 a.m. on the 6th, EMC tokens are trading at $0.079, down 4.91% from the previous day, according to CoinMarketCap. The currently circulating EMC tokens account for about 3% of the total supply (about 1 billion), with a market capitalization of approximately $2.37 million.
Meanwhile, EMC is generating an annual income of about $15 million. Although the business scale cannot be considered large yet, the outlook for decentralized GPU projects is generally positive. Data analysis firm Nansen, in a report published with MetaStreet, predicted, "Considering DeFi income from GPU rental services, tokenomics, and GPU rental revenue, the total revenue of these services could surge from at least 30% to a maximum of 200%."
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