HyperCycle And Penguin Group Partner To Boost AI-driven Growth In Paraguay

Twitter icon  •  Published il y a 10 mois  •  Nikolas Sargeant

HyperCycle partners with Penguin Group to leverage HyperPG to redefine high-performance computing for AI-driven growth in Paraguay

HyperCycle, a groundbreaking Layer 0++ blockchain infrastructure engineered for high-speed and cost-effective AI-driven microtransactions, has announced its partnership with Penguin Group to release HyperPG, an advanced software for accessing High-Performance Computing (HPC) for the fast-growing AI economy. 

In a press release shared with Cryptowisser, HyperCycle said the partnership would make the HyperPG platform available to individuals as well as organizations, who can leverage the platform to unlock the power of their hardware and harness its computational capacity to generate revenue, transforming traditional cost centers into profit generators.

HyperPG is pioneering a transformative initiative in Paraguay, harnessing the country's abundant hydropower resources to place it at the vanguard of the AI revolution. 

By leveraging a unique distributed computation model, HyperPG enables Paraguay to utilize its hydropower infrastructure for AI computation. This technique is set to significantly improve the country's standing in the Private Public Partnership (PPP) model, fostering unprecedented economic development.

HyperPG said the initiative would ensure that Paraguay plays an instrumental role in the emerging "Internet of AI. The move would not only ensure Paraguay's active participation in global AI advancements but also brings substantial socio-economic benefits to the country.

Paraguay is not just passively tapping into global computational resources, but actively contributing to, and benefiting from, the development and application of AI technologies worldwide. 

HyperPG is working to ensure that Paraguay takes a central role in the global AI ecosystem, enriching its own economy and society while also contributing to global AI advancements.

HyperPG: A one-stop-shop Platform 

HyperPG, the latest implementation of HyperCycle's HPC software, empowers users to convert their computing hardware into revenue-generating HPC centers. Users can take advantage of  HyperPG to perform AI computation on their existing machines, providing organizations with AI capabilities without the need for additional infrastructure.

Furthermore, HyperPG enables anyone to join specific pool proposals for hardware, tokens and node licenses, participating with as little as $100, and contributing to the advancement of AI technology. 

By doing this, users can earn a portion of all proceeds generated by the machines. This solution is ideal for anyone who lacks the necessary components to run HyperCycle’s AI computation on HPCs but still wishes to capture the upside from the AI revolution.

At the moment, HyperCycle has sold more than 217,000 nodes. While commenting on this latest development, Toufi Saliba, CEO of HyperCycle, said;

"While there are a lot of platforms enabling folks to harness their computing power, and more platforms to enable AI computations, the one missing link is enabling the smallest components of AI to cooperate and compete amongst each other, and that’s precisely what HyperCycle provides. Securing AI forms the very foundation of our mission. Building on top of years of dedicated research and cumulative innovations from the vast landscape of computer science, we find ourselves at this pivotal moment of convergence. We're thrilled to propel our vision forward, delving deeper into our partnerships with facility operators, particularly Penguin Group. Once our client, they are now our esteemed founding partner in the creation of HyperPG - a testament to our shared commitment and transformative vision.”

Björn Schmidtke, CEO of Penguin Group, also commented that “Our dream is to make Paraguay an innovation hub in Latin America.”

HyperPG makes it easier for individuals, organizations, and enterprises to capitalize on AI computing demand, and benefit from building the necessary infrastructure. 

At the moment, HyperCycle operates at the vanguard of the movement towards Artificial General Intelligence (AGI). AGI encompasses AI reaching a stage where it is capable of performing a broad range of intellectual tasks at the human level or higher. 

By establishing a network of connective nodes, HyperCycle supports the collaboration of AI modules, accelerating the emergence of more intelligent and self-evolving systems. 

HyperCycle creates the technology that enables any computer to securely partake in the global brain of AI computation. By combining peer-to-peer technology and collaborating with esteemed partners, including Toda and SingularityNET, HyperCycle supports scientific and technological progress in the field of AI. 

Meanwhile, Penguin Group is a company with a mission: to transform Paraguay’s power into human potential. To that end, they’ve built HPC centers within a massive infrastructure that taps into Paraguay’s primary resource: clean, abundant electricity at competitive prices.

 

Author

Nikolas Sargeant

Nik is a content and public relations specialist with an ever-growing interest in Crypto. He has been published on several leading Crypto and blockchain based news sites. He is currently based in Spain, but hails from the Pacific Northwest in the US.