ParallelAI

PAI Price

What is ParallelAI about?

ParallelAI is a high-performance computing platform designed to optimize and accelerate complex computational tasks by utilizing advanced parallel processing techniques. It enables efficient execution across multiple processing units, significantly enhancing computing speed and resource utilization.

What makes ParallelAI unique?

ParallelAI is an advanced AI language platform to improve the use of compute resources. Made for businesses facing performance issues, ParallelAI uses cutting-edge parallel processing techniques to increase efficiency, helping organizations get more done while reducing the need for large infrastructures. It solves the problem by providing a novel parallel processing solution that makes it faster and more efficient for AI developers to run complex tasks on GPUs and CPUs.

What's the history of ParallelAI?

The exponential rise of generative AI technology has created unprecedented demand for GPUs, which current supply is struggling to keep up with. Multiple decentralized GPU marketplaces have emerged to fill this supply gap, allowing AI developers to tap into idle compute power distributed amongst both individuals and enterprise-scale solutions providers.

What's next for ParallelAI?

Parallel AI matches AI developers to GPU providers that offer the optimal specifications for managing the parallel processing tasks that it facilitates. Aggregating compute power from existing decentralized GPU marketplaces, Parallel AI selects the best-fit hardware offerings and optimizes their outputs via its preconfigured parallelization process. By accepting payments for Parallel AI’s services in the form of its native $PAI tokens, Parallel AI can seamlessly integrate payment flows into the aggregated decentralized GPU marketplaces in which its parallel code is executed.

What can ParallelAI be used for?

Parallel AI provides an end-to-end parallel processing solution all the way from coding, through processing, to back-end infrastructure that ensures AI developers reduce their GPU costs and decrease their processing times. In doing so, Parallel AI solves the biggest problem facing AI developers today and provides the key missing piece in solving the GPU supply crunch. A task that would typically take 10 minutes can now be done in 10 seconds, reducing computation time by up to 20x.

Where can you buy ParallelAI?

PAI tokens can be traded on decentralized exchanges. The most popular exchange to buy and trade ParallelAI is Uniswap V2 (Ethereum), where the most active trading pair PAI/WETH has a trading volume of $667.56 in the last 24 hours.

What is the daily trading volume of ParallelAI (PAI)?

The trading volume of ParallelAI (PAI) is $667.07 in the last 24 hours, representing a 212.40% increase from one day ago and signalling a recent rise in market activity. Check out CoinGecko’s list of highest volume cryptocurrencies.

What is the highest and lowest price for ParallelAI (PAI)?

ParallelAI (PAI) reached an all-time high of $1.19 and an all-time low of $0.001188. It’s now trading -99.80% below that peak and 91.70% above its lowest price.

What is the market cap of ParallelAI (PAI)?

Market capitalization of ParallelAI (PAI) is $227,779 and is ranked #4775 on CoinGecko today. Market cap is measured by multiplying token price with the circulating supply of PAI tokens (100 Million tokens are tradable on the market today).

What is the fully diluted valuation of ParallelAI (PAI)?

The fully diluted valuation (FDV) of ParallelAI (PAI) is $227,779. This is a statistical representation of the maximum market cap, assuming the maximum number of 100 Million PAI tokens are in circulation today. Depending on how the emission schedule of PAI tokens are designed, it might take multiple years before FDV is realized.

How does the price performance of ParallelAI compare against its peers?

With a price increase of 2.70% in the last 7 days, ParallelAI (PAI) is underperforming the global cryptocurrency market which is up 3.40%, while underperforming when compared to similar Infrastructure cryptocurrencies which are up 21.40%.

How to add ParallelAI (PAI) to MetaMask?

Adding ParallelAI (PAI) to MetaMask allows you to view your token holdings, trade on decentralized exchanges, and more. To add them, you’ll need to import PAI as a token. You can copy PAI’s contract address (0x13e4b8cffe704d3de6f19e52b201d92c21ec18bd) and import it manually, or if you've installed MetaMask's chrome extension, add PAI to MetaMask with one click on CoinGecko.

Add PAI to MetaMask.