AI Computing Economy Layer GAIB Completes $10M Strategic Investment, Led by Amber Group
BlockBeats News, August 1st, AI Computational Economy Layer GAIB announced the completion of a $10 million strategic investment, with the current round of funding led by Amber Group. The funds will be used directly to purchase tokenized GPU assets on the GAIB platform to enhance the on-chain deployment of AI computing power infrastructure and attract more institutional participation.
In December last year, GAIB announced the completion of a $5 million seed round of financing, led by Hack VC, Faction VC, and Hashed, with other participating investors including Spartan, Animoca Brands, MH Ventures, Aethir, Near Foundation, Chris Yin of Plume Network, and Lucas Kozinski of Renzo Protocol.
GAIB is a developing encrypted artificial intelligence platform aimed at tokenizing GPUs to make AI computing (the computational power required for training and running AI models) more easily accessible. AI computing is usually provided by GPUs and other hardware resources, and GAIB seeks to unlock the liquidity of these traditionally illiquid assets.
You may also like
Gainers
Latest Crypto News
Key Transaction Data: US 10-Year Treasury Yield Rises to 4.086%
Mainstream Perp DEX Overview: Hyperliquid Surpasses $10 Billion in Trading Volume Again, Platform Volumes Rebound Collectively
The European Stablecoin Alliance Appoints Former Coinbase Executive as Chief Executive Officer
Ethereum ICO Whale with 254,900 Tokens Nearing Liquidation, Deposited 23,000 ETH to CEX in the Past Week
The Central Bank of Russia has confirmed that it may relax cryptocurrency regulation rules.
Customer Support:@weikecs
Business Cooperation:@weikecs
Quant Trading & MM:[email protected]
VIP Services:[email protected]