Zero Gravity Labs has secured $290 million to develop a decentralized AI operating system, highlighting blockchain's potential in transforming AI infrastructure.
Significance of Secured Funding
On November 13, the company announced the completion of a $40 million seed funding round, with investors such as Hack VC, Delphi Digital, OKX Ventures contributing. An additional $250 million was raised through financing, providing the startup access to digital assets at preferential rates on exchanges.
Technical Features of the Project
The funds will advance 0G Labs' AI operating system, which employs blockchain infrastructure to power decentralized AI applications efficiently. The system features a modular, layered architecture, including storage and processing networks, enabling data throughput rates of up to 50 gigabytes per second. This architecture facilitates real-time AI computations directly on chain.
Investment Trends in AI and Blockchain
Startups at the intersection of blockchain and AI have attracted substantial investments recently. Cosmo Jiang of Pantera Capital highlighted the growing alignment between AI and blockchain, suggesting AI will become indispensable for all businesses, akin to the internet.
The secured funding underscores 0G Labs’ commitment to implementing cutting-edge solutions to enhance AI security through blockchain, marking part of a broader trend of increasing investments in AI and blockchain intersections.
