Singapore, Singapore, December 4, 2024, Chainwire

GAIB, a platform constructing monetary infrastructure for AI computing, at the moment introduced the completion of a $5 million pre-seed funding spherical. The spherical was co-led by Hack VC, Faction, and Hashed, with methods from outstanding teams together with Spartan, CMCC, L2IV, Animoca Manufacturers, IVC, MH Ventures, Presto, J17, IDG Capital, 280 Capital, Aethir, and Close to. funding was additionally made. basis, and a number of other angel buyers.

The funding will probably be allotted to increasing our analysis and improvement and operations groups, accelerating product iterations, and strengthening the platform's infrastructure to fulfill market demand. This funding will assist us fulfill our mission to develop a liquid, decentralized marketplace for enterprise-grade GPUs and handle essential gaps in GPU funding and investor entry.

GAIB will tokenize GPUs and their revenues, enabling the creation of a brand new asset class backed by real-world AI demand. This innovation allows new direct funding channels into AI which have beforehand been dominated by fairness investments in a number of giant AI or semiconductor corporations. By bridging AI, GPU demand, and blockchain, GAIB introduces a brand new kind of yield asset that types the muse for a wide range of decentralized finance (DeFi) use instances, permitting customers to straight entry GPU publicity, yield merchandise, and hedging. , providing you with entry to hypothesis. , and numerous portfolio methods.

“We’re constructing the primary financial layer of AI computing, opening new funding prospects on this fast-growing subject,” mentioned Kony Kwong, Founder and CEO of GAIB. “With this newest funding, we’re remodeling GPUs and their yield right into a tradable asset class, permitting people and establishments to straight have interaction with the multi-trillion greenback AI computing market by way of these new direct funding autos. Masu.”

“We’re excited to help GAIB in opening up direct funding alternatives in an vital AI computing market that has lengthy been dominated by a number of giant gamers,” mentioned Alex Pack, co-founder and managing accomplice of Hack VC. ” he added. “We’re excited to help GAIB in constructing monetary infrastructure for the AI ​​period.”

GAIB has additionally not too long ago secured notable partnerships with trade leaders corresponding to Aethir and io.internet, establishing itself as a pioneer in monetary innovation for computing belongings. These collaborations additional strengthen the GAIB ecosystem and allow scalability with a novel method to performing monetary calculations.

About GAIB

GAIB is the primary financial layer of AI computing, creating a brand new kind of yielding asset backed by actual AI demand. Tokenize enterprise-grade GPUs and their yields, making a decentralized liquidity marketplace for GPU financing and offering buyers with direct publicity to GPU belongings whereas assembly the rising demand for high-performance computing. The platform permits a wide range of decentralized finance (DeFi) use instances to be constructed on high of it, together with GPU-powered stablecoins, lending and borrowing, choices and futures, and numerous structured merchandise.

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