Yzi Labs announces an investment in Tensorplex Labs, a decentralized AI lab working at the intersection of AI and blockchain technologies.
What is Tensorplex?
Tensorplex Labs is a decentralized AI innovation hub focused on leveraging blockchain technology to create efficient and scalable AI models. The company's mission is to democratize AI development by integrating human intelligence into the training and improvement of AI models.
Why Did Yzi Labs Invest in Tensorplex?
Yzi Labs, known for supporting high-potential Web3 projects, recently expanded its focus to include AI and biotech. The investment highlights the importance of decentralization in the future of AI.
Andy Chang, a representative from Yzi Labs, commented, "At Yzi Labs, we believe decentralization will play a key role in AI's evolution, which is why we made this investment decision."
The Tensorplex Flagship Products
Tensorplex offers key products like Tensorplex Dojo and Backprop Finance.
Tensorplex Dojo is a Human-AI Co-work platform that improves AI training processes via a 'Human-in-the-loop' approach and incentivizes participants with decentralized rewards.
Backprop Finance serves as a DeFi hub for Bittensor’s ecosystem, providing token trading and analytics, while promoting economic growth through EVM smart contracts.
Tensorplex Labs plays a major role in decentralizing AI, supported by Yzi Labs, aiming to make AI more accessible and democratic.