Blockchain analytics firm bitsCrunch has acquired Nidum AI, a decentralized AI computing platform, to establish a global network of high-performance AI compute nodes, the company announced on Wednesday.
The acquisition integrates Nidum AI’s distributed computational resources into bitsCrunch’s operations, aiming to enhance AI-driven analytics for blockchain applications.
Alongside the purchase, bitsCrunch launched a decentralized AI ecosystem, designating its (CRYPTO: BCUT) token as the sole currency for accessing services within this network.
The deal brings Nidum AI’s infrastructure—connecting AI developers with computational power worldwide—under bitsCrunch’s umbrella, a move rooted in the latter’s focus on blockchain forensics and data insights.
The ecosystem employs Tensor and Pipeline parallelism to split complex AI tasks across multiple nodes, targeting faster model training and inference for applications like fraud detection and risk …
