io.net Launches Decentralized GPU Network to Cut AI Costs
- Decentralized GPU Network: io.net has launched a decentralized GPU network aimed at reducing AI workload expenses by providing a cost calculator, aligning with 2026 H100 GPU pricing to offer globally scalable clusters.
- Cost Savings Potential: This decentralized model could lower H100 GPU costs by 25%, circumventing traditional capital expenditures and fostering further innovation in AI processing, thereby increasing market interest in io.net.
- Positive Market Response: The community has applauded io.net's innovation, believing that its efforts to minimize reliance on costly hardware procurement will drive decentralization trends in the AI market, reflecting historical shifts seen in cloud computing over the past decade.
- Founder's Vision: Antony Daniel, founder and CEO of io.net, stated that the company's goal is to provide cost-efficient decentralized GPU clusters, enabling access to AI computing power without the burden of hardware ownership.
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Technical Analysis for AI
Technical Sentiment Analysis for Sleepless AI (AI). As of , Sleepless AI (AI) is exhibiting a Sell technical sentiment. Our proprietary analysis, which aggregates 3 technical signals, shows that 0 indicators are flashing buy, while 3 are indicating sell.
Momentum Indicators: RSI, MACD & Overbought/Oversold Status. Currently, the Relative Strength Index (RSI) for AI stands at -, which suggests a Neutral condition. Meanwhile, the MACD (12, 26) indicator is at -, providing a Neutral signal for short-term momentum. Other oscillators like the Stochastic Oscillator at - and the Commodity Channel Index (CCI) at - further confirm a - outlook for the crypto.
Support, Resistance & Moving Averages. From a structural perspective, AI is trading below its 60-day moving average of $- and below its 200-day long-term moving average of $-. Key price levels to watch include the immediate resistance at $- and strong support at $-. A break above $- could signal a bull continuation, while falling below $- may test the next Fibonacci floor at $-.
Sleepless AI (AI) Support & Resistance Level
| Name | S3 | S2 | S1 | Pivot Points | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Classic | 0.0167 | 0.019 | 0.0211 | 0.0234 | 0.0255 | 0.0278 | 0.0299 |
| Fibonacci | 0.019 | 0.0207 | 0.0217 | 0.0234 | 0.0251 | 0.0261 | 0.0278 |
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