Gensyn applies a token to distributed computing for AI developers, raises $6.5M – TechCrunch

For self-driving cars and other applications developed using AI, you need what's known as'deep learning', the core concepts of which emerged in the '50s. This requires training models based on similar patterns as seen in the human brain. This, in turn, requires a large amount of compute power, as afforded by TPUs (Tensor Processing Units) or GPUs (Graphics Processing Units) running for lengthy periods. However, cost of this compute power is out of reach of most AI developers, who largely rent it from cloud computing platforms such as AWS or Azure. Well, one approach is that taken by UK startup Gensyn.