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 traders equivalent to Spartan, CMCC, L2IV, Animoca Manufacturers, and IDG Capital, alongside different strategic backers and angel traders.
Accordingly, the funding will probably be directed towards scaling GAIB’s analysis and growth (R&D) and operations groups, enhancing product innovation, and strengthening its infrastructure. These efforts purpose to handle rising market calls for and fulfill GAIB’s mission of building a decentralized marketplace for enterprise-grade GPUs (graphics processing models).
Bridging AI and Blockchain
GAIB’s platform introduces a groundbreaking method by tokenizing GPUs and their yields. For context, this innovation transforms GPUs into yield-bearing property, enabling a decentralized, liquid market that permits traders to achieve direct publicity to AI compute assets. 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 corporations to decentralized finance (DeFi) use circumstances.
“We’re constructing the primary financial layer for AI compute, bringing new funding potentialities into this surging sector,” mentioned Kony Kwong, Founder and CEO of GAIB. “With this funding, we’re remodeling GPUs and their yield right into a tradable asset class, empowering people and establishments to straight interact with the trillion-dollar AI compute market via these new automobiles 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 Companion at Hack VC highlighted the strategic significance of GAIB’s efforts:
“We’re thrilled to assist GAIB as they unlock direct funding alternatives to the crucial AI compute market that has lengthy been dominated by a couple of giant gamers. We’re excited to assist 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.web, to bolster its ecosystem. These collaborations place the platform for scalability and improve its capacity to ship on its imaginative and prescient of compute financialization.
Moreover, the platform helps numerous DeFi purposes constructed round GPU-backed property, equivalent 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, remodeling GPUs and their yields into tradable, yield-bearing property. Its progressive platform addresses the surging demand for high-performance computing whereas granting traders unprecedented entry to GPU-based property.
For extra info, go to GAIB’s web site or comply with them on X, Telegram, or Discord.
