Theoriq, a decentralized protocol that lets AI agents team up in "swarms" to manage money in DeFi, said its market-forecasting research is now running on GPUs supplied by Targon, a distributed marketplace for computing power.
The work tests the range of likely near-term outcomes rather than betting on direction, which Theoriq says it doubts can be reliably predicted at all, according to an Aug. 26 blog post.
Theoriq's main business is on-chain vaults, where a swarm of agents watches interest rates and liquidity across lending venues, moving deposits into approved strategies within set risk limits.
Its litepaper, which calls the system Alpha, describes it as "a decentralized protocol that converges advances in AI and Web3." It says Alpha supports "multi-chain deployment starting on Base," the Ethereum layer-2 network built by crypto exchange Coinbase.
THQ holders stake and lock the token and delegate it to back specific agents, putting the stake at risk of being slashed if an agent misbehaves.
The partnership offers an example of decentralized AI projects teaming up to build a more cohesive ecosystem, testing and using each other's modular systems.
Targon is subnet 4 on Bittensor, where independent operators compete to supply AI services and earn rewards in the TAO token, CoinMarketCap says. It sells confidential compute, using Intel enclaves that keep data private even from the machines running it.
Manifold Labs, a startup founded in 2023 with a small team in Austin, Texas, built Targon. It raised $10.5 million last year in a Series A led by OSS Capital.
HOW AI WAS USED IN THE PRODUCTION OF THIS PIECE: I drafted this story on Claude using my custom blog-post skill, which read the Theoriq post in full and pulled background from Theoriq's litepaper, its website, Targon's mission page, CoinMarketCap and public funding coverage. I filed it to DeAI News through the Distro Publisher MCP connector. I checked every quote and figure against the original sources.