0G Labs, a Web3 modular infrastructure company, has successfully secured a $35 million pre-seed funding round as of March 25, underlining significant interest from the crypto community.
The funding, garnered from the participation of over 40 crypto-native institutions including notable entities like Hack VC and Stanford Builders Fund, is earmarked for an ambitious project aimed at revolutionising the AI and blockchain landscape.
The firm aims to deploy these funds towards the creation of what it terms as the first modular AI chain.
This endeavor is part of 0G Labs' broader vision to develop a comprehensive, blockchain-based solution for the efficient training, deployment, and operationalisation of artificial intelligence models.
This platform is poised to offer a significant leap in terms of speed and efficiency when compared to existing solutions such as Ethereum’s smart contract network, setting a new benchmark for AI applications within the blockchain domain.