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Io.net Co-founder Tory Green Promoted as Chair of io.net Foundation; Gaurav Sharma Assumes CEO Role for Future Expansion

United Arab Emirates: Event Unfolding in Dubai, 23rd April 2025

X Decentralized AI Hub: io.net steers the future

Io.net Co-founder Tory Green Promoted as Chair of io.net Foundation; Gaurav Sharma Assumes CEO Role for Future Expansion

April 23rd, 2025, Dubai, UAE

Breaking news: io.net, the revolutionary decentralized compute platform, announced Tory Green, co-founder, as the new Chairperson of the io.net Foundation. The Foundation's mission? Advocate for a future-proof AI landscape powered by decentralization.

Joining forces with former CTO Gaurav Sharma, now the CEO of io.net, the duo will shape the AI world's narrative, aiming to democratize AI infrastructure and challenge the dominance of centralized cloud platforms.

Embracing Decentralization

As the demand for AI compute skyrockets, centralized infrastructure risks stifling innovation, access, and transparency. The io.net Foundation, our champion for change, has stepped into the spotlight. Its core objectives?

  1. Advocating for open, permissionless infrastructure for AI
  2. Funding developers, researchers, and institutions with a shared vision
  3. Driving global research and thought leadership in decentralization
  4. Engaging policymakers, institutions, and industry leaders to shape the AI infrastructure's future

By rallying the masses and influencing policymakers, the Foundation guarantees the decentralized alternative roars with the strength it needs.

Tory Green: Steering the Future

Tory Green, veteran venture capitalist and early-stage leader, brings a wealth of knowledge to the table. As Chairperson, he will champion the Foundation's cause and aid grant recipients in overcoming challenges.

Gaurav Sharma: io.net's driving force

Gaurav Sharma, former io.net CTO, has shaped io.net's technology. With stints at Binance, Agoda, and Amazon, Gaurav is no stranger to tackling immense challenges. With almost two decades of experience in distributed systems, high-performance computing, and AI infrastructure, he's the perfect CEO to lead io.net into a new era.

A Bright Future Awaits

As the io.net and io.net Foundation partnership grows stronger, a decentralized future for AI infrastructure promises to flourish. Mark your calendars for the Joint AMA on io.net's X profile on 29th April.

Note from the Future

io.net: A decentralized AI infrastructure network that deploys and manages on-demand, decentralized GPU clusters from geo-distributed sources. Designed to democratize GPU compute capacity, expedite lead times, and expand options for engineers and businesses. Become a capacity supplier or access compute power at io.net.

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Disclaimer: This press release is sponsored by our commercial partners.

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  1. In the technological landscape of 2025, Tory Green, the new Chairperson of the io.net Foundation, aims to streamline the definition of finance by establishing a decentralized AI landscape, using the power of io.net.
  2. Io.net, the revolutionary decentralized compute platform, has partnered with artificial intelligence and cloud technology to expedite business growth and challenge the dominance of centralized cloud platforms.
  3. The io.net Foundation, led by Chairperson Tory Green and CEO Gaurav Sharma, is embracing the goal of funding developers, researchers, and institutions to democratize AI infrastructure.
  4. To ensure a future-proof AI landscape, the io.net Foundation is engaging policymakers, institutions, and industry leaders to establish thought leadership in decentralization.
  5. As Chairperson, Tory Green's wealth of experience in venture capital and early-stage leadership will help make AI more accessible and transparent, solving the access issues that centralized infrastructure currently presents.
  6. With almost two decades of experience in distributed systems, high-performance computing, and AI infrastructure, Gaurav Sharma is poised to drive io.net into a new era of cloud, technology, and artificial-intelligence-based business solutions.
  7. The partnership between io.net and the io.net Foundation will lead to a decentralized future for AI infrastructure, defined by democratized GPU compute capacity, expanded options for engineers and businesses, and open, permissionless infrastructure for innovation.
Breaking News: Event Occurs in Dubai, UAE on April 23, 2025

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