Decentralized Cloud Storage Partnership
Storj has partnered with CUDOS, a decentralized physical infrastructure network focused on artificial intelligence and Web3. This collaboration aims to advance distributed compute and cloud storage solutions by combining their expertise. The alliance involves Valdi, an on-demand AI compute provider recently acquired by Storj, and Cudo, the parent company of CUDOS and a cloud partner of Nvidia.
Scalable Solutions for Enterprises
Storj and CUDOS plan to leverage their partnership to bring multi-petabyte storage capacity on-chain, utilizing NVIDIA’s H100 and H200 chips to support the expanding AI market. This initiative aims to provide businesses and developers with scalable and cost-effective solutions in the compute and storage sectors, setting a new standard for services that are a competitive alternative to hyperscalers like Amazon.
Competitors in Decentralized Storage
Storj’s competitors in the decentralized cloud storage space include Filecoin (FIL) and Arweave (AR). Another platform offering decentralized storage tools is AIOZ Network (AIOZ), powered by DePIN, which provides an S3-compatible web3 storage network for developers and businesses. The DePIN market has seen a rise in funding for early-stage projects, including the crypto project IoTeX.
