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Yzi Labs Investment: A New Step in Decentralized AI Development

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by Giorgi Kostiuk

5 hours ago


Yzi Labs has announced an investment in Tensorplex Labs, a company focusing on creating decentralized AI solutions at the intersection of AI and blockchain.

What is Tensorplex?

Tensorplex Labs is a decentralized AI innovation hub focused on utilizing blockchain technology to create more efficient, open, and scalable AI models. The company's mission is to democratize AI development by integrating human intelligence into the training and refinement process of AI models.

Why Did Yzi Labs Invest in Tensorplex?

Yzi Labs, known for backing high-potential Web3 projects, has expanded its investment focus to include AI and biotechnology. The investment in Tensorplex aligns with their vision for the development of decentralized AI.

The Tensorplex Flagship Products

Tensorplex's flagship products, Tensorplex Dojo and Backprop Finance, embody the company's ambition to revolutionize AI through decentralized platforms. Dojo facilitates collaboration between humans and AI, while Backprop Finance acts as a decentralized finance platform for the Bittensor ecosystem.

We are bullish on the AI space and believe decentralization will play a key role in its evolution.Andy Chang, Investment Director at Yzi Labs

Support from Yzi Labs will help Tensorplex as they strive to make decentralized AI more accessible. This movement fosters the development of an ecosystem where AI becomes more transparent and collective.

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