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I just saw that Aethir, this Decentralization GPU platform, announced its Q3 results, and the data is quite impressive—quarterly revenue is nearly $40 million, and annualized revenue has reached $147 million.
They are currently running over 430,000 enterprise-grade GPU containers in their network, with high-end cards like H100 and B200 deployed. The cumulative computing power duration has exceeded 1.4 billion hours, serving clients such as AI companies Kluster and Attentions.
By the way, in October they also secured a financing of 344 million USD. From the numbers, this commercial model of decentralized computing power seems to have been validated and is no longer just a theoretical concept. The DePIN sector is indeed quietly proving its value this year.
430,000 enterprise-grade containers sounds a bit wild, but the fact that H100 is running does indicate that real money is being invested.
Getting 344 million in financing so smoothly, it seems the capital is starting to believe in this trap.
DePIN is indeed slowly proving itself; if it weren't for the hard data being thrown out, I would have thought it was just air.
By the way, how is the user experience here? Is it really stable when used in practice...
They raised 340 million dollars, and it seems that the DePIN path is really viable.
An annualized 147 million, this is not just a concept anymore, okay?
But can the costs of H100 cards be covered? It feels like the profit margin is a bit precarious.
Aethir is a bull, but we still need to see if the decentralization computing power can stabilize in the future.
1.4 billion hours of computing power delivered, this number is indeed solid.
Wait, how did they raise this funding? Did a big institution catch a falling knife?
DePIN has really been proving itself these past two years, unlike last year when it was heavily criticized.
I'm a bit looking forward to their Q4 data, will they be able to keep pushing?
If this model works out, will there be a bunch of followers coming out later?
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430,000 GPU containers... if they could all be fully utilized, Aethir would have surpassed Nvidia long ago, haha.
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DePIN is telling stories again, let's wait until the funding is burned through before discussing it.
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With so many H100 deployments, how is the cost being controlled? That's the key.
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1.4 billion hours of computing power sounds impressive, but spread across 430,000 units, it’s not that exaggerated.
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With $344 million in financing, half of it was probably spent on marketing, who knows how much real revenue there is.
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Has decentralized computing power been successfully run? Then why is there still a need for funding? Can’t they make it on their own?
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How much revenue do Kluster and Attentions generate? It can't all be reliant on just those two, right?
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The Q3 report looks beautiful, but I haven’t seen the profit statement. It’s naive to expect everyone to go all in on that.
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Compared to revenue figures, I want to see their actual GPU utilization rates and customer renewal rates.