Yzi Labs announced an investment in Tensorplex Labs, a lab that bridges AI and blockchain by creating decentralized development solutions.
What is Tensorplex?
Tensorplex Labs is an innovation hub utilizing blockchain to create more efficient and scalable AI models. Their primary mission is to democratize AI development by integrating human intelligence into the AI training process. Through flagship products like Tensorplex Dojo and Backprop Finance, the company is establishing a new ecosystem where decentralized AI and blockchain converge.
Why Did Yzi Labs Invest in Tensorplex?
Known for backing high-potential Web3 projects, Yzi Labs has expanded its investment focus to include AI and biotech, recognizing decentralization's pivotal role in AI's evolution. The investment aligns with their vision of fostering a more collaborative AI ecosystem. Andy Chang, Investment Director at YZi Labs, stated: “We are bullish on the AI space and believe decentralization will play a key role in its evolution.”
The Tensorplex Flagship Products
Tensorplex offers innovative products like Tensorplex Dojo and Backprop Finance, aimed at decentralizing AI and integrating AI into the financial sector. Tensorplex Dojo allows real-time collaboration between humans and AI agents, incorporating human feedback into AI training. Backprop Finance is a DeFi platform for the Bittensor ecosystem, providing tools for trading and analyzing dTAO tokens.
Tensorplex’s work is part of a larger movement to decentralize AI. With Yzi Labs' support, Tensorplex aims to make decentralized AI more accessible to developers, businesses, and the crypto community.
