Storj and CUDOS join forces to improve AI compute and storage

Decentralized cloud storage platform Storj has partnered with CUDOS, an AI and Web3-focused decentralized physical infrastructure network.

The collaboration between the two platforms aims to advance distributed computing and cloud storage solutions, Storj announced on August 20.

The alliance with CUDOS includes Valdi, an on-demand AI computing provider that Storj recently acquired, and CUDOS’ parent company Cudo, which is Nvidia’s cloud partner.

“Our distributed storage solutions ideally complement CUDOS’ compute infrastructure. Together, we create a powerful platform that sets a new standard for scalable services—a cost-effective, high-performance alternative to hyperscalers like Amazon for businesses with fast-growing, high-volume data and stringent standards for performance, security and sustainability.”

Ben Golub, CEO of Storj.

Storj and CUDOS plan to use their collaboration to bring multi-petabyte storage capacity to the chain. Along with Storj’s solutions, the platforms will use NVIDIA’s H100 and H200 chips to support the expanding AI market.

The goal of this initiative is to provide scalable and cost-effective solutions to businesses and developers in the computing and storage industries.

Storj’s competitors

Storj’s partnership with CUDOS follows a recent collaboration with cunoFS, a solution from software firm PetaGene. The joint effort aims to improve AI and video workflows and enable creative professionals to benefit from scalable, secure, and affordable file storage.

Storj’s competitors in the decentralized cloud storage space include Filecoin (FIL) and Arweave (AR).

Another platform that offers distributed storage tools is AIOZ Network (AIOZ), whose W3S provides an S3-compatible web3 storage network for developers and enterprises. AIOZ Network is powered by DePIN.

According to a recent report, the DePIN market has witnessed a significant increase in funding for early-stage projects, including the IoTeX crypto project.