Yzi Labs, led by Changpeng Zhao, announced an investment in Tensorplex Labs, a lab working at the intersection of AI and blockchain.
What is Tensorplex?
Tensorplex Labs is a decentralized AI innovation hub focusing on leveraging blockchain technology to create more efficient, 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. Through flagship products like Tensorplex Dojo and Backprop Finance, Tensorplex is creating a new ecosystem where decentralized AI and blockchain technologies converge.
Why Did Yzi Labs Invest?
Yzi Labs, known for its investment in high-potential Web3 projects, has expanded its focus to AI and biotech. As AI becomes central to future innovations, decentralization is seen as pivotal in its evolution. Yzi Labs' decision to invest in Tensorplex aligns with this vision. The investment will assist Tensorplex in scaling its AI applications, infrastructure, and tools, strengthening the synergy between AI and decentralized technologies.
Tensorplex Flagship Products
Tensorplex's flagship products testify to the company's ambition to revolutionize AI through decentralized platforms. Tensorplex Dojo is a decentralized platform that allows humans to collaborate with AI in real-time to solve complex problems. Backprop Finance is a DeFi hub supporting the AI-driven economy of Bittensor. It plays a crucial role in fostering AI ecosystem growth by integrating DeFi into the AI sector.
Tensorplex is part of a broader movement to decentralize AI development. By leveraging blockchain, the company is creating an ecosystem where AI models are transparent and revenue is fairly distributed. Yzi Labs' support aims to help Tensorplex scale and adopt decentralized AI.