About
Chutes is the largest Bittensor subnet by market cap, offering serverless AI compute for developers. Processed 9.1T+ tokens total, ~160B tokens daily across 10,000+ GPU nodes. Operates at ~85% lower cost than AWS for comparable inference tasks. Generates ~$61K weekly revenue. Developed by Rayon Labs alongside Gradients and Nineteen subnets. Token surpassed $100M market cap in April 2025 after 170% monthly gain. H2 2025 roadmap includes model training and TEE support.
Key Facts
- [1]Employees: Employee count: 1-10.
- [2]Company Type: Token company (token-based project).
- [3]Web3: Web3 and blockchain technology company. Token-based project.
- [4]Website: Official website: chutes.ai.
- [5]AI Technology: Core AI/ML technologies: Infrastructure.
- [6]Region: Region: Americas (United States).
Founder
Chutes Team
AI inference
AI Technology
Infrastructure
AI/ML infrastructure, compute networks, and tooling
Classification
Market Segments
Tech Stack Layers
Details
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Frequently Asked Questions
What is Chutes?
Chutes is the largest Bittensor subnet by market cap, offering serverless AI compute for developers. Processed 9.1T+ tokens total, ~160B tokens daily across 10,000+ GPU nodes. Operates at ~85% lower cost than AWS for comparable inference tasks. Generates ~$61K weekly revenue. Developed by Rayon Labs alongside Gradients and Nineteen subnets. Token surpassed $100M market cap in April 2025 after 170% monthly gain. H2 2025 roadmap includes model training and TEE support. Chutes is classified in the Crypto & Web3 segment at the Infrastructure layer of the financial AI stack.
Who founded Chutes?
Chutes was founded by Chutes Team (AI inference).
What AI technology does Chutes use?
Chutes primarily leverages Infrastructure technology. AI/ML infrastructure, compute networks, and tooling. Within the Crypto & Web3 segment, 28 companies use this technology.
What market segment does Chutes operate in?
Chutes operates in the Crypto & Web3 market segment. AI-powered crypto and Web3 companies operate at the intersection of artificial intelligence, blockchain technology, and decentralized finance. This segment includes DeFi protocols enhanced by AI, crypto trading platforms, blockchain analytics tools, and the emerging category of on-chain AI agents.
Who are Chutes's competitors?
Companies similar to Chutes in the Crypto & Web3 space include Stripe ($9.8B raised), Natural ($10M raised), Catena Labs ($18M raised), Virtuals Protocol (VIRTUAL) ($16M raised), VaderAI. These companies operate in related areas of financial AI: Stripe focuses on ai-powered payments platform with fraud detection. Natural focuses on payments infrastructure for ai agent transactions. Catena Labs focuses on building payment rails for ai agents. (Based on AIFI Map classification data.)
What products does Chutes offer?
Chutes builds infrastructure-layer solutions for the financial services industry. The company's core offering: High-performance Bittensor compute subnet. The platform is powered by Infrastructure technology.
Is Chutes publicly traded?
Chutes operates as a token-based project rather than a traditional equity-backed company. It is a Web3-native platform leveraging blockchain and decentralized finance.
Does Chutes use Web3 or blockchain technology?
Yes, Chutes incorporates Web3 and blockchain technology. High-performance Bittensor compute subnet. The project operates as a token-based platform. Chutes is part of the Crypto & Web3 segment in the AIFI directory.