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Akash Network Founder Unveils Plan to Scale GPU Supply

The decentralized computing marketplace plans to scale its GPU supply by targeting 11,000 professional data centers and 7 million edge data centers worldwide.
By: Joel Lim • February 14, 2025
Akash Network Founder Unveils Plan to Scale GPU Supply

Akash Network, a decentralized computing marketplace, plans to scale its supply of graphics processing units (GPUs) to increase capacity as the network’s usage continues to grow.

In a post on X on Feb. 12, Akash Network CEO Greg Osuri shared a plan for how the platform intends to scale GPU supply while maintaining its utilization rate.

Akash currently generates the most fees among all DePIN platforms. Depin.Ninja data shows that Akash has generated over $4.3 million in annual recurring revenue (ARR). The platform’s user fees have grown, driven by a rise in GPU supply. This indicates strong demand and efficient resource allocation, considering the increasing competition from data centers around the world.

Over the last 12 months, the utilization rates and fees per GPU have experienced consistent growth. Akash Network currently has a 70% utilization rate, which makes it highly attractive for GPU providers.

Akash Fees and Utilization chart
Akash Fees and Utilization

Akash offers an unconventional DePIN structure that guarantees utilization through mechanisms such as discounts for early tenants. Akash is trying to maximize utilization through an optimized system, unlike traditional DePINs that pay for computation instead of utilization.

Akash is also focusing on addressing capital constraints for Artificial Intelligence companies. Akash offers financing models, including free 40 H200 GPU Edge clusters for providers who commit to leasing their GPU resources on the Akash network.

The platform’s growth initiative targets 11,000 professional and 7 million edge data centers internationally.

In January 2025, the daily average fee per GPU was around $20, according to the blog post. In addition, value-added services, including Agent Launchpads, Inference Services, and Vector database hosting, are expected to significantly increase fees. This is set to increase Akash’s appeal to AI developers.

What’s Next?

Akash Network is mainly focused on resource leasing and is taking steps to transition to a services company. Akash is launching Provider Console 1.0 to streamline leasing for GPU providers, allowing the company to improve demand generation and enhance the provider experience.

“In 2025, we will release the platform for Services economy on Akash, which will be the first of its kind and cause a disruption bigger than that we had when we launched the GPU marketplace in 2023, kickstarting a whole industry,” added Osuri.

At the time of writing, the Akash Network (AKT) token is trading at $1.90 with a market capitalization of $475 million.

Our articles are stored on Filecoin.

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