Yzi Labs, led by Changpeng Zhao, announced their investment in Tensorplex to strengthen the integration of AI and blockchain technologies.
What is Tensorplex?
Tensorplex Labs is a decentralized AI innovation hub leveraging blockchain technology to create more efficient and scalable AI models. The company's main goal is to democratize AI development by integrating human intelligence into the process of training and improving AI models.
Why Did Yzi Labs Invest in Tensorplex?
Yzi Labs, known for backing Web3 projects, expands its focus to AI and biotech. This investment reflects their belief in decentralization as a vital element in AI's evolution.
The Tensorplex Flagship Products
The company's products, such as Tensorplex Dojo and Backprop Finance, lay the foundation for a new ecosystem where decentralized AI and blockchain technologies converge. Dojo allows real-time collaboration between humans and AI. Meanwhile, Backprop Finance is a DeFi platform for the Bittensor ecosystem, offering trading and analytical solutions for dTAO tokens.
Tensorplex's work is part of a larger movement to decentralize AI development, where AI models aren't controlled by few companies and data collection is community-driven.
