Catenaa, Thursday, May08, 2025- io.net, a leading decentralized compute platform, has announced two significant leadership changes to fuel its next phase of growth.
Co-founder Tory Green has been appointed Chairperson of the io.net Foundation, where he will champion the mission of advocating for open, decentralized infrastructure for AI.
Concurrently, Gaurav Sharma, who previously served as the company’s CTO, has been promoted to CEO. In his new role, Sharma will continue to drive the expansion and innovation of io.net’s decentralized cloud platform.
The demand for decentralized AI infrastructure is rapidly growing as cloud computing becomes increasingly centralized, controlled by a few major players.
This centralization poses challenges to innovation, accessibility, and transparency. io.net’s Foundation aims to tackle these issues by promoting decentralized solutions that ensure AI can scale in a more equitable and accessible manner.
Sharma’s appointment as CEO marks an important milestone in io.net’s journey. With nearly two decades of experience in distributed systems and AI infrastructure, Sharma is well-positioned to scale the company’s infrastructure as it serves the growing needs of AI and machine learning applications.
The partnership between io.net and the Foundation is seen as crucial for ensuring that decentralization remains central to the future of AI.
