Compute Labs, a start-up that turns the industrial quality GPUs that operate AI data centers to fractional dividend-bearing tokens, and Enterprise AI Cloud company Nexgen Cloud has joined forces to start distributing the ownership of a $ 1 million “public vault,” the companies said Wednesday.
The power and profitability of AI infrastructure is largely centralized and generally limited to hyperscalers such as AWS or large venture-backed companies. However, Compute Labs is trying to bring its token holders direct access to the earning potential for company hardware such as NVIDIA H200 GPUs, which would sell to about $ 30,000 for a single device.
“For investors, this pilot [project] Represents the first option to ever earn stableCOin yield directly from live AI calculation without having to manage hardware or rely on overestimated public shares, “Compute Labs said in a press release.
Europe’s Nexgen, which gives its customers access to AI computer power and had collected $ 45 million in April, will handle the initial financing through its investment arm Infrahub Compute.
How it works
The funds raised will be used by Infrahub to buy GPUs, which will then be fractional for investors and customers, according to the press release.
The first “vault” has already collected $ 1 million from investors. The original vault will have top-of-the-range nvidia GPUs currently used for “AI education and inferens,” the company said. Companies are projecting to have a dividend in USDC that may be over 30% a year based on active enterprise GPU rental agreements.
Nikolay Filichkin, Chief Business Officer at Compute Labs, talks to the type of data center operators who may have extra floor space and appear to add extra capacity; The data center equivalent with “mother and pop shops,” he said in an interview with Coindesk.
“When the data center uses GPU owned by an investor, Compute Labs administers it through its protocol and balance and rents the GPUs to the data center,” Filichkin said in an interview. “Net income minus things like hosting and energy costs go back to the investor, who owns a sample of the GPU treatment power.”
Companies tokenize and fry these GPUs within the vaults, which can then be offered individual investors in a few hundred dollars. NFTs are also used to distinguish between different types of tokenized GPU hardware investments.
Compute Labs are supported by Protocol Labs, OKX Ventures, CMS Holdings and Amber Group, among others. The company operates with a flat fee structure of 10% across tokenization, asset management and benefit yield.
“This model assigns concrete, marketable value to each GPU cycle that rationalizes the AI market by removing the speculation of investors and directly connecting supply, demand and price,” said Youlian Tzanev, co-founder and chief strategy officer at Nexgen Cloud.
