YZi Labs announced a strategic investment in USD.AI, a protocol aimed at addressing funding challenges for the artificial intelligence industry.
Introduction to Investments
The AI sector is slated to require over $6.7 trillion in infrastructure investment over the next five years. While a few large players secure significant rounds of funding, a substantial portion of the market is underserved.
Benefits and Achievements of USD.AI
USD.AI provides a model of loans fully secured by physical AI hardware and is capable of closing loans in less than seven days. The protocol has already surpassed $62 million in Total Value Locked (TVL) and collaborated with K3 Capital, Concrete, Euler, and Pendle to create innovative AutoVaults.
Expert Opinions and the Future of AI Funding
Dana Hou, Investment Partner at YZi Labs, stated, "USD.AI turns AI hardware financing into a DeFi-native yield asset." David Choi, co-founder of USD.AI, added, "This is a dollar that scales for Wall Street outsiders."
The investment by YZi Labs in USD.AI highlights the increasing interest in funding infrastructure for AI, which requires significant resources, and the focus on leveraging new technologies within decentralized finance.