Decentralized GPU Infrastructure Aethir Announces Testnet Launch

Decentralized GPU infrastructure provider Aethir has announced the launch of its testnet. Built on the Arbitrum network, the Aethir testnet allows game developers to create cloud ports instantly, and AI enterprises can utilize localized computing power for human-AI interaction.

In July of this year, Aethir achieved a pre-A round funding with a valuation of $150 million, with leading investments from Sanctor Capital, Hashkey, Merit Circle, and CitizenX. Other investors include Mirana Ventures, Animoca Brands, Momentum6, Big Brain Holdings, Builder Capital, Tess Ventures, Maelstrom (Arthur Hayes), Lapin Digital, among others. The total funding raised has now exceeded $9 million.