AI Computing Economy Layer GAIB Secures $10 Million in Strategic Investment Led by Amber Group
According to Jinse Finance, AI computing economy layer GAIB has announced the completion of a $10 million strategic investment round, led by Amber Group. The funds will be directly used to purchase tokenized GPU assets on the GAIB platform, aiming to enhance the on-chain deployment of AI computing infrastructure and attract greater institutional participation. Last December, GAIB announced the completion of a $5 million seed round, led by HackVC, FactionVC, and Hashed, with other participating investors including Spartan, Animoca Brands, MH Ventures, Aethir, Near Foundation, Chris Yin from Plume Network, and Lucas Kozinski from Renzo Protocol. GAIB is a developing crypto AI platform designed to tokenize GPUs, making AI computing (the computational power required to train and run AI models) more accessible. AI computing is typically powered by GPUs and other hardware resources, and GAIB seeks to unlock the liquidity of these traditionally illiquid assets.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
JPMorgan: Powell did not dodge questions about a rate cut in October
JPMorgan: Powell's speech reinforces expectations for a rate cut by the end of October
Powell: Current economic growth may be better than expected, a rate cut in September is reasonable