Currently, a small number of tech giants have locked in over $500 billion in future data center leasing costs.
Since the end of 2022, commitments to data center construction from companies such as Microsoft, Google, Amazon, Meta, Oracle, and CoreWeave have increased nearly 5 times.
The demand for artificial intelligence is rapidly growing, but the infrastructure supporting its operation is becoming increasingly centralized, reliant on large capital investments, and more closed off.
OpenLedger's mission is to build open infrastructure that allows computing, data, and models to be freely contributed, verified, and commercialized.