Akash Network (AKT) Coin Surging Following A Product Launch

Akash Network (AKT) Coin Surging Following A Product Launch

By Nilesh Hembade 07-Sept-2023 6:33 AM GMT

Akash Network (AKT) Coin Surging Following A Product Launch

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 Introduction:

Akash Network, the pioneering open-source cloud computing platform and decentralized cloud marketplace, is making waves in the cryptocurrency world today. The native cryptocurrency of Akash Network, $AKT Coin, has experienced a remarkable surge of +17% over the past 24 hours.

As of the latest data, AKT Coin is trading at $1.19, with an impressive market capitalization of $259 million. This surge follows a significant development within the Akash Network ecosystem.

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New Product Launch: AkashML

Akash Network has unveiled a groundbreaking addition to its platform – AkashML. AkashML is poised to become the go-to marketplace for high-performance GPUs that are in high demand for machine learning and other compute-intensive tasks. 

The introduction of this innovative feature is set to revolutionize the world of decentralized cloud computing.

One of the standout offerings on AkashML is the access to NVIDIA H100 GPUs, priced at an astonishingly competitive rate of $1.99 per hour. 

These GPUs, powered by the first open-source Supercloud, have the potential to drive significant advancements in the field of artificial intelligence and machine learning.

Machine learning practitioners, data scientists, and developers can now reserve access to these high-performance GPUs with ease and affordability, allowing for faster and more efficient model training and data processing.

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Akash Network’s decision to provide access to such cutting-edge GPU technology at an accessible price point underscores their commitment to democratizing cloud computing resources. 

This move is expected to attract a broader audience of innovators and researchers who may have previously faced cost barriers to accessing high-performance computing resources.

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Conclusion

Akash Network’s recent introduction of AkashML has generated significant enthusiasm within the cryptocurrency space. With AKT Coin’s impressive surge,

 it is evident that the market values the platform’s commitment to providing accessible high-performance GPU resources for machine learning and other compute-intensive applications.

Disclaimer:

Consult your financial advisor before making any decisions because Investing in digital assets is extremely risky. Digital asset prices are subject to high market risk and price volatility. No information on this website is intended to be a solicitation or an offer.

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