aZen has announced the acquisition of funds for developing a decentralized computing infrastructure used for managing AI.
Funding and Support
aZen, a decentralized AI computing infrastructure, raised $1.2 million in seed funding led by Waterdrip Capital. The company also secured $40 million investment from Royal Front LLC for long-term development.
Growth and Achievements
The project shows impressive growth, surpassing 600,000 downloads of the aZen Hub app and 360,000 monthly active users. Over 80,000 active nodes are registered on the DePIN Lite testnet.
Technologies and Future
aZen is developing an ecosystem that includes ZenHive — a commercial-grade device for scalable data analytics. Integrating AI into DeFi and using dynamic fractional NFTs are also key components of their strategy.
aZen aims to address gaps in current AI infrastructures, particularly in interoperability and scalability, by creating a universal layer for decentralized computing.