GAIA Labs, led by CEO Matt Wright, announced a $20 million funding round to launch open AI infrastructure and a new AI-focused phone.
Funding for Democratizing AI
GAIA Labs is moving towards democratizing AI through open infrastructure and the launch of an AI-focused phone. This initiative is supported by a recent funding round amounting to $20 million.
Impact on the AI Industry
The financial injection is earmarked for scaling decentralized AI infrastructure and combating centralized AI power. GAIA aims to broaden adoption via its new AI phone, which uses decentralized software.
Goals and Statements from GAIA Leadership
CEO Matt Wright stated their commitment to making AI an open resource. "We believe AI inference should be an open resource, not controlled by a handful of corporations. This funding lets us scale the infrastructure and 'internet of knowledge' that make user-owned intelligence real."
By launching a new AI phone and advocating for open solutions, GAIA Labs aims to transform the current AI industry, promoting decentralization and transparency.
