Decentralized Computing Network exaBITS receives support from Google for Startups Program

According to the exaBITS team, their project was recently supported by the Google for Startups program. Through this program, Google provides select, quality startups with support including finance, expert advice, Google Cloud services, technical training and business expansion opportunities. It is worth noting that Google is providing additional support to Web3 companies like exaBITS, offering stronger support in areas such as product planning, design and industry ecosystem resources.

As a leader in the IT industry, Google brings together top experts and resources in the field. On the one hand, it supports its own business development, on the other hand, it establishes a support system for technology startups. In recent years, Google has shown great interest in the thriving Web3 industry and has expanded its startup program to specifically target Web3 startups. Companies participating in the program include well-known Web3 projects such as Alchemy, Aptos, Base, Celo, Flow, Hedera, Nansen, Nearby, Polygon, Solana and Thirdweb. These projects have become Google’s Web3 ecosystem partners, forming a tightly-knit ecosystem to support and collaborate on new Web3 projects.

exaBITS is a decentralized computing network for affordable AI at scale. exaBITS’ cutting-edge technology partitions large AI models and runs them on consumer-level GPUs. By using this technology and bundling distributed computing resources, exaBITS can reduce computing costs by over 80%. exaBITS is created by the Harvard Innovation Lab and is the first and only Web3 project in its history. Backed by a global team from Harvard, Princeton, UC Berkeley, and UCLA with work experiences at the White House, Microsoft, Meta, and the world’s largest decentralized physical infrastructure network, exaBITS is ready to work with all of our partners in the computing industry and make “affordable AI” the Reality.

As a key partner of exaBITS, Exascale Labs provides critical technical support. Leveraging distributed cloud computing deployments, exaBITS can mobilize societal forces to collectively build a cloud computing network that offers benefits such as lower cost, higher efficiency, non-disruptive operations and unlimited scalability compared to traditional cloud services. The inclusion of exaBITS in the Google Startups program is of great significance as it creates a channel for communication and collaboration between the cloud computing paradigms of the Web2 and Web3 generations. Google’s top industry platform will also offer a broader stage for exaBITS.

In the long term, exaBITS products and technical solutions will be a strong complement to Google Cloud. With the rapid development of the AI ​​industry, there is a need for cloud computing services that are cheaper, have larger capacity, and offer more flexibility. exaBITS distributed cloud computing technology can lower the financial and resource barriers required for AI by transforming the centralized design model prevalent in large enterprises into a distributed deployment solution accessible to everyone, leveraging the power of the entire market to simplify this Use AI everywhere.