Boundless, originally focused on ZKP computation in the Bitcoin network, is expanding its distributed GPU network to support AI model inference tasks, according to a statement from the management.
CEO Shiva Shankar stated that the company operates a network of around 4,000 GPUs, optimized for AI computations. Initially, it served as a coordinator and verifier, facilitating connections between the Ethereum mainnet, the Layer 2 network Base, and Bitcoin.
The company reported that initial comparative tests show inference costs nearly 50% lower than those of major cloud providers (especially for asynchronous tasks), thanks to the use of cheaper resources, including consumer-grade GPUs and equipment previously acquired for cryptocurrency mining and proof generation.
According to the statement, Boundless will continue its work with ZKP, although no further details were provided.
The company also plans to assign a role to its native token, ZKC, in this new direction, requiring AI operators to stake the coin to join the network. The stake amount will be "tied to potential earnings."
Weekly chart of the ZKC/USDT pair on Binance. Source: TradingView.While Boundless did not disclose specific details of its business strategy, the shift in focus highlights a trend of the crypto industry moving towards AI computations.
As a reminder, in July, it was reported that TeraWulf raised $3.5 billion for a data center for Anthropic.