About Phala.Network

As part of a new agreement, Phala Network will enhance its AI capabilities using io.net's GPU cloud infrastructure, making advanced computation more accessible. GPU cloud network io.

io.net, a decentralized GPU cloud network, has entered into a strategic partnership with Phala Network to advance secure computation and decentralized AI. The collaboration will leverage io.net's cloud platform, IO Cloud, to provide Phala Network with access to high-performance GPU hardware, enhancing its ability to support TEE (Trusted Execution Environment) CPU nodes.

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Decentralized Physical Infrastructure Networks (DePIN) have emerged as a groundbreaking sector. With several projects taking clear strides to be the best within the category.

Phala Network, a lesser-known project in the cryptocurrency space, has recently gained attention as its native token, PHA, started trending on CoinMarketCap. With the sudden surge in interest, many are left wondering about the project's background, its team, and whether it's a bullish or bearish signal for the token.

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