Thursday, July 3, 2025

Hyra Network Named ‘Technology Startup Of The Year’ For Pioneering Shared AI Infrastructure

KUALA LUMPUR, July 1 (Bernama) -- Vietnamese firm Hyra Network has been named “Technology Startup of the Year” at the 2025 Globee Awards for Technology, in recognition of its pioneering work in decentralised artificial intelligence (AI) infrastructure.

This breakthrough platform is researched and developed by Hyra Tek JCS (Vietnam) and operated by Hyra Tek Smart Solution LLC (United Arab Emirates).

In a statement, the firm said its mission is to democratise computational power by activating billions of idle devices and transforming everyday users into AI infrastructure providers.

“We are witnessing global acknowledgement that the future of AI belongs not to centralised monopolies but to communities that collectively own and benefit from these powerful technologies,” said Hyra Network founder, Jonh Tran.

The company’s flagship platform, Hyra Network, along with its AI engine, Hyra AI, enables users worldwide to share unused processing capacity through a decentralised network, reducing reliance on centralised data centres.

Hyra AI is among the first "Train-to-Earn" platforms globally, allowing users to earn incentives while contributing to AI model development. Built on a Layer-3 blockchain infrastructure, the system supports scalable training and low-latency inference at the network’s edge.

The company’s current ecosystem spans more than 205 countries, with over 2.5 million connected devices, including 700,000 active nodes and more than one million Know Your Customer (KYC)-verified users. It currently delivers more than 360,000 teraflops of computing power and serves a growing base of enterprise clients.

The Globee Awards are regarded as one of the technology industry’s highest honours, judged by more than 100 global experts comprising C-level executives, venture capitalists and analysts.

Hyra’s rapid adoption in Southeast Asia, Latin America and Africa reflects the potential for open, permissionless infrastructure to play a key role in advancing ethical, inclusive and community-driven AI innovation.

-- BERNAMA


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