Yzi Labs, led by Changpeng Zhao, announced an investment in Tensorplex Labs, a decentralized AI research and development lab merging AI and blockchain. In this article, we explore what Tensorplex is, its key products, and the significance of Yzi Labs' investment.
What is Tensorplex?
Tensorplex Labs is a decentralized AI innovation hub that leverages 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 AI model training and refinement. Its flagship products, such as Tensorplex Dojo and Backprop Finance, facilitate a new ecosystem where decentralized AI and blockchain technologies converge.
Why Did Yzi Labs Invest in Tensorplex?
Yzi Labs, a venture capital firm known for backing high-potential Web3 projects, has expanded its focus to include AI and biotech, believing decentralization will drive the next evolution of AI.
CITE_W_A: “At YZi Labs, we are bullish on the AI space and believe decentralization will play a key role in its evolution. That’s why we recently expanded our investment focus beyond Web3 to include AI and biotech,” said Andy Chang, Investment Director at YZi Labs.
The Tensorplex Flagship Products
Tensorplex offers innovative products transforming AI paradigms.
### Tensorplex Dojo: The Human API for AI
Dojo is a decentralized Human-AI Co-work platform for real-time model training, integrating human feedback for improved AI accuracy and responsiveness.
### Backprop Finance: A DeFi Hub for the Bittensor Ecosystem
Backprop Finance is a decentralized finance platform for the Bittensor TAO ecosystem, enabling efficient token analytics and management.
Tensorplex is part of a movement toward decentralized AI development. With Yzi Labs' support, Tensorplex aims to expand its research, development, and adoption efforts, making decentralized AI more accessible.