AIxBlock, a decentralized AI technology startup, has received a €1.5 million innovation grant from the European Union, along with up to €61.5 million in additional grants for expansion in Europe.
EU Support
AIxBlock has secured a €1.5 million innovation grant from the EU and has two additional grants pre-approved that total €61.5 million. These funds will enable the company to strengthen its position in decentralized AI infrastructure.
AIxBlock's Infrastructure
AIxBlock offers a full-stack platform for AI development and workflow automation that allows users to train and deploy custom AI models, automate business workflows, and maintain data control through decentralized architecture.
Long-Term Strategy and Development
AIxBlock aims to implement a sustainable growth model by leveraging existing infrastructure, focusing on establishing a decentralized GPU network to enhance availability and minimize environmental impact.
The support from the European Union and the significant funding pipeline positions AIxBlock for confident growth and development within the decentralized AI market, presenting opportunities for developers and companies to innovate.
