About ParallelAI
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. Deploy Parallel Code To Harness The Full Value Of Your GPUs/CPUs & Drive Down Costs 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. Introduction Unleashing The Power Of Parallel Processing Solution To Slash Computation Times For AI Developers By Up To 20x 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. However, increasing the volume of available GPUs is only half the battle in meeting the ever-growing demands of the AI industry. For increasingly complex generative AI tools to become scaleable, not only do they need access to more GPU capacity, but they also need to use that capacity in a more cost-effective and efficient manner. Whilst much is being done to address the capacity issue, little progress is being made in ensuring this new capacity is used in ways that maximize processing speed and minimize costs. A key opportunity for reducing the cost and improving the efficiency of GPU usage lies in the way that code is executed. Traditional sequential programming does not fully utilize the computational power available from modern multi-core CPUs and GPUs. This results in underperformance, where the potential of the hardware is not fully exploited, leading to slower processing times and increased operational costs. Parallel AI solves this 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. By enabling automatic parallelization of code, Parallel AI ensures that applications can run tasks concurrently across multiple processing cores. This maximizes hardware utilization, reduces processing time, and increases overall system efficiency. A task that would typically take 10 minutes can now be done in 10 seconds, reducing computation time by up to 20x. The Parallel AI solution takes out all of the complexity of executing parallel processing by providing high-level programming interfaces that automate and simplify the parallelization process. Developers can write code in a style they are familiar with, which Parallel AI then converts into an optimized parallel format, abstracting away the complexities of parallel execution. Finally, 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. As a bulk buyer of compute power, Parallel AI can also negotiate discounts with GPU marketplace partners that accept $PAI, allowing it to emerge as a universal currency for GPU procurement. In doing so, $PAI facilitates Parallel AI’s vision of delivering a fully decentralized parallel processing solution for AI developers. In summary, 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.
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Sign me upMarket Stats
Market Cap
$13.96M
-6.34%
FDV
$13.96M
Circ. Supply
100M PAI
Max Supply
100M PAI
Total Supply
100M PAI
Diluted Valuation
$13.99M
Performance
Popularity
Not enough data
Dominance
0%
Volume (24H)
$406.31K
-36.52%
Volume (7D)
$4.28M
Volume (30D)
$17.88M
All time high
$1.19
Price Change (1Y)
-37.82%
Additional info about ParallelAI
Recent trends
The latest PAI price is $0.14. Compared to ParallelAI's value of $0.15 from 24 hours ago, there's been a -6% decrease, while the current price is 71% up from $0.08 which was recorded one week ago. ParallelAI's all time high is $1.19, which was reached on December 12, 2024. This is a -88% change from its price today.
The current circulating supply of ParallelAI is 100,000,000. This is 100% of its max supply of 100,000,000 PAI and 100% of its total supply of 100,000,000. The market cap is currently $13.96M, which is a result of multiplying the current price of ParallelAI($0.14) by the total supply(100,000,000 PAI). The fully diluted valuation of ParallelAI is $13.96M. The diluted valuation of ParallelAI is $13.96M.
Market details
PAI vs markets
↘ 58.6%
PAI vs BTC
↘ 60.53%
PAI vs ETH
↘ 28.87%
Tags
Network & Addresses
Network | Address | |
---|---|---|
Ethereum | 0x13E4b8CfFe704d3De6F19E52b201d92c21EC18bD |
Price history
Time | Price | Change |
---|---|---|
Today | $0.14 | ↘ 6.18% |
1 Day | $0.15 | ↘ 6.18% |
1 Week | $0.0818 | ↗ 70.71% |
1 Month | $0.0737 | ↗ 89.50% |
1 Year | $0.22 | ↘ 37.82% |
FAQ
We update our ParallelAI to USD currency in real-time. Get the live price of ParallelAI on Coinbase.
The current market cap of ParallelAI is $13.96M. A high market cap implies that the asset is highly valued by the market.
The all-time high of ParallelAI is $1.19. This all-time high is highest price paid for ParallelAI since it was launched.
Over the last 24 hours, the trading volume of ParallelAI is $406.31K.
Assets that have a similar market cap to ParallelAI include GoGoPool AVAX, Based Fartcoin, Aark, and many others. To see a full list, see our comparable market cap assets.
The current circulating supply of ParallelAI is 100 million.
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Social stats
Popularity in posts
#1546
Contributors
3
Posts
3
% About ParallelAI
0.024%
Hold times
0 days
X (Twitter)
100% bullish
Sentiment
4.3 ★
Information is provided for informational purposes only and is not investment advice. This is not a recommendation to buy or sell a particular digital asset or to employ a particular investment strategy. Coinbase makes no representation on the accuracy, suitability, or validity of any information provided or for a particular asset.
Highlights
3 unique individuals are talking about ParallelAI and it is ranked #1,546 in most mentions and activity from collected posts. In the last 24 hours, across all social media platforms, ParallelAI has an average sentiment score of 85 out of 5. Finally, ParallelAI is becoming less newsworthy, with 0 news articles published about ParallelAI.
On Twitter, people are mostly bullish about ParallelAI. There were 100% of tweets with bullish sentiment compared to 0% of tweets with a bearish sentiment about ParallelAI. 0% of tweets were neutral about ParallelAI. These sentiments are based on 1 tweets.
On Reddit, ParallelAI was mentioned in 0 Reddit posts and there were 0 comments about ParallelAI. On average, there were less upvotes compared to downvotes on Reddit posts and more upvotes compared to downvotes on Reddit comments.
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