GAIB, a platform targeted on creating monetary infrastructure for synthetic intelligence (AI) computing, introduced the profitable completion of its $5 million pre-seed funding spherical. Notably, the spherical was co-led by Hack VC, Faction, and Hashed, with participation from outstanding buyers akin to Spartan, CMCC, L2IV, Animoca Manufacturers, and IDG Capital, alongside different strategic backers and angel buyers.
Accordingly, the funding will likely be directed towards scaling GAIB’s analysis and growth (R&D) and operations groups, enhancing product innovation, and strengthening its infrastructure. These efforts goal to deal with rising market calls for and fulfill GAIB’s mission of creating a decentralized marketplace for enterprise-grade GPUs (graphics processing items).
Bridging AI and Blockchain
GAIB’s platform introduces a groundbreaking strategy by tokenizing GPUs and their yields. For context, this innovation transforms GPUs into yield-bearing belongings, enabling a decentralized, liquid market that permits buyers to achieve direct publicity to AI compute sources. In the meantime, the initiative is about to reshape how investments within the AI sector are approached, shifting focus from conventional fairness investments in AI and semiconductor firms to decentralized finance (DeFi) use instances.
“We’re constructing the primary financial layer for AI compute, bringing new funding potentialities into this surging sector,” stated Kony Kwong, Founder and CEO of GAIB. “With this funding, we’re reworking GPUs and their yield right into a tradable asset class, empowering people and establishments to immediately have interaction with the trillion-dollar AI compute market by these new autos for direct funding.”
Investor and Business Help
Traders are optimistic about GAIB’s potential to democratize entry to AI computing. Alex Pack, Co-founder and Managing Associate at Hack VC highlighted the strategic significance of GAIB’s efforts:
“We’re thrilled to help GAIB as they unlock direct funding alternatives to the important AI compute market that has lengthy been dominated by a number of massive gamers. We’re excited to help GAIB in constructing the monetary infrastructure for the AI period.”
Increasing Ecosystem and Partnerships
GAIB has secured partnerships with key trade gamers, together with Aethir and io.internet, to bolster its ecosystem. These collaborations place the platform for scalability and improve its skill to ship on its imaginative and prescient of compute financialization.
Moreover, the platform helps numerous DeFi purposes constructed round GPU-backed belongings, akin to stablecoins, lending and borrowing merchandise, choices, and futures. These choices present customers with various methods for hedging, yield technology, and portfolio administration.
About GAIB
GAIB positions itself as the primary financial layer for AI compute, reworking GPUs and their yields into tradable, yield-bearing belongings. Its revolutionary platform addresses the surging demand for high-performance computing whereas granting buyers unprecedented entry to GPU-based belongings.
For extra info, go to GAIB’s web site or comply with them on X, Telegram, or Discord.
