OORT partners with Seagate Technology to create decentralized AI cloud services, raising nearly ten million dollars.

robot
Abstract generation in progress

The encryption industry infrastructure collaborates with traditional giants to accelerate product optimization and service experience

The decentralized cloud service platform OORT has reached a strategic partnership with Seagate Technology, a leader in global big data storage infrastructure solutions. Seagate’s Lyve cloud service will join the OORT network as a super node. This cooperation aims to enhance OORT’s capability to integrate global computing and storage resources, providing critical support for its artificial intelligence services.

With the rapid development of emerging technologies such as generative artificial intelligence, Web3, and the metaverse, data is experiencing explosive growth, placing higher demands on infrastructure. The addition of Seagate Lyve Cloud services has greatly enhanced OORT’s storage capacity, meeting the high data demands of artificial intelligence applications. With Seagate’s advanced solutions, OORT can optimize costs, provide competitive prices, and ensure a seamless experience, which is crucial for its focus on decentralized cloud infrastructure for artificial intelligence.

OORT is a decentralized cloud service platform focused on high privacy and low cost, integrating idle computing and storage resources worldwide through blockchain technology, providing clients with a one-stop AI solution from infrastructure to platform services, which can save up to 60% in costs. Seagate Technology, established in 1979, is a leader in the storage industry, the world’s largest manufacturer of hard drives, disks, and read/write heads, and a publicly traded company with a market capitalization of nearly $20 billion.

OORT’s flagship products include the generative AI assistant building platform OORT AI, the decentralized storage service OORT Storage, and the decentralized computing service OORT Compute. OORT AI can help enterprises quickly integrate smart assistants into operations without the need for coding or AI experts. OORT Storage provides secure data storage and retrieval services, with performance comparable to mainstream cloud storage services. OORT Compute is a low-cost, user-friendly decentralized computing service that supports large model training and fine-tuning, scheduled for launch in 2024.

Currently, OORT has launched its independently developed Layer 1 public chain Olympus Protocol, which is based on DAG technology, has over 28,000 nodes, a fast block time of 2 seconds, and low fees, and uses the patented algorithm Proof of Honesty to enhance transparency and trust.

Melyssa Banda, Vice President of Seagate Storage Solutions and Lyve Services, stated that optimized massive data storage is key to an organization’s scalability. Seagate’s expertise will help organizations like OORT provide optimized artificial intelligence solutions for their clients.

OORT’s Chief Technology Officer Sean Yang believes that the partnership with Seagate is an important step in enhancing decentralized cloud services. Seagate’s advanced storage solutions will strengthen OORT’s artificial intelligence service products and reinforce its commitment to privacy and operational efficiency.

Before collaborating with Seagate, OORT had already partnered with several tech giants. For example, OORT collaborated with a certain tech company to launch a global loyalty program that integrates OORT Storage, providing customers with decentralized storage services, including data storage and migration, bridging the gap between Web2 and Web3 in data services.

These collaborations provide a solid foundation for OORT, helping it to deliver practical, high-quality solutions in the decentralized cloud computing industry and paving the way for the mainstream adoption of decentralized cloud infrastructure.

In addition to collaborating with industry giants, OORT has also received extensive support from industrial capital. Recently, OORT announced the completion of a new round of financing, with a total financing amount of nearly 10 million USD. Investors include several well-known venture capital firms and support from technology giants.

It is worth noting that OORT is building a rich ecosystem through collaboration. For example, the upcoming OORT Earn program will allow users to stake OORT tokens and earn rewards, and they may also receive airdrops from partners. The OORT team has also hinted at announcing more collaborations involving IDOs, Launchpads, cross-chain bridges, DEXs, and more. As collaborations deepen and the ecosystem thrives, the intersection of encryption and AI technology will bring benefits to more users and businesses.

OORT-3,51%
View Original
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
  • Reward
  • 9
  • Repost
  • Share
Comment
Add a comment
Add a comment
No comments
  • Pin