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Hyra Network Wins Prestigious Chairman's Award 2025 at WITSA Global AI Summit
GlobeNewswire News Roomยท2025-08-21 13:00

Core Insights - Hyra Network has been awarded the Chairman's Award 2025 at the WITSA Global AI Summit, marking it as the first decentralized AI platform to receive this honor [1][3][5] - The award recognizes Hyra Network's innovative approach to decentralized AI and its commitment to digital sovereignty, emphasizing that "AI is a public resource" [8][11] - Hyra Network has connected over 2.7 million devices across more than 200 countries, demonstrating the scalability of its decentralized AI infrastructure [9][14] Company Overview - Hyra Network operates on a Layer-3 blockchain and features a verifiable compute grid with on-chain DAO governance, allowing for transparent and private access to AI [4][14] - The company is preparing for a $10 billion IPO on Nasdaq in 2030, aiming to solidify its position as a leading technology company [13][14] - Hyra's ecosystem includes three core platforms: Hyra AI for edge-native AI inference, Hyra Zone for decentralized GPU training, and Hyra Mega for a transparent marketplace for AI models and datasets [12][14] Strategic Vision - The Chairman's Award serves as both a technological recognition and validation of Hyra's long-term vision for a decentralized digital civilization [5][6] - Hyra Network's strategy focuses on empowering nations, enterprises, and citizens to own and govern their AI infrastructure, promoting fairness and control [6][8] - The company is expanding its international presence with a new regional hub in the UAE, enhancing its global strategy [13][14]