Space and Time recently raised $20M in Series A funding, placing them at the forefront of AI and Blockchain.
What is Space and Time
Space and Time is a platform for the next generation of AI and blockchain applications. They are working on a 'verifiable compute layer' that allows AI and blockchain to operate together in a transparent and reliable environment. This will make it easier for developers to create secure and reliable applications.
Why This Funding Matters
This funding will help Space and Time continue developing their technology and expanding their community. The funds will be used to speed up engineering and product development. The company is also focusing on growing their ecosystem, including attracting new developers, users, and partners.
What’s Next for Space and Time
With the new investment, Space and Time plans to continue innovating at the intersection of AI and Blockchain. One of their latest developments is the ZK coprocessor, which allows for trustless data processing at scale. Space and Time is also working with Microsoft to develop AI-powered solutions that could improve the tech industry.
The recent $20M Series A funding is not just a financial boost for Space and Time, but a validation of their path towards becoming a major player in AI and Blockchain. With the backing of top venture capitalists and a strong commitment to future growth, Space and Time is well-positioned to lead the charge in this exciting new era of technology.
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