Decentralized cloud storage platform Storj has announced a partnership with CUDOS, a decentralized infrastructure network focused on artificial intelligence and Web3. This collaboration aims to advance distributed compute and cloud storage solutions.

Key Details of the Partnership

The alliance with CUDOS involves Valdi, an on-demand AI compute provider that Storj recently acquired, and Cudo, the parent company of CUDOS and a cloud partner of Nvidia. Storj CEO Ben Golub commented,

“Our distributed storage solutions ideally complement CUDOS’s compute infrastructure. Together, we’re creating a powerful platform that sets a new standard for scalable services that are a cost-effective and high-performance alternative to hyperscalers like Amazon for enterprises with a rapidly growing, high volume of data and rigorous standards for performance, security, and sustainability.”

Storj and CUDOS plan to leverage their collaboration to bring multi-petabyte storage capacity on-chain. Along with Storj’s solutions, the platforms will utilize NVIDIA’s H100 and H200 chips to support the expanding AI market. This initiative aims to provide businesses and developers with scalable and cost-effective solutions in the compute and storage sectors.

Storj’s Competitors

Storj’s partnership with CUDOS follows a recent collaboration with cunoFS, a solution by software firm PetaGene. This joint effort aims to enhance AI and video workflows, allowing creative professionals to benefit from scalable, secure, and cost-effective file storage.

Storj’s competitors in the decentralized cloud storage space include Filecoin and Arweave. Another platform offering decentralized storage tools is the AIOZ Network, which provides an S3-compatible web3 storage network for developers and businesses. The AIOZ Network is powered by DePIN.

According to a recent report, the DePIN market has witnessed a significant surge in funding for early-stage projects, including the crypto project IoTeX.

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