30s Summary

Zero Gravity Labs has obtained $40 million in funding from crypto investors, including Hack VC, Delphi Digital, OKX Ventures, Polygon, Sandeep Nailwal, and Yat Siu, for a decentralized AI system, dAIOS. The company also has a $250 million “token purchase commitment” to buy digital assets on crypto exchanges. The system plans to decentralize control and access to big data for AI computation. As the AI sector grows, numerous blockchain projects are examining decentralization’s potential to prevent data monopolies.

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Zero Gravity Labs just bagged a sweet $40 million from some big-name crypto investors to help create a decentralized AI operating system. They’ve also got a juicy $250 million “token purchase commitment” on hand that’ll let them dip into digital assets on crypto exchanges to give their project an even bigger boost.

The new AI system is called dAIOS and the idea behind it is to create a decentralized space for big data. This would be great for AI computation, offering a new approach to the way data is controlled and accessed.

Lots of big-time investors threw their support behind this project in the seed round of funding, including Hack VC, Delphi Digital, OKX Ventures, Polygon and well-known crypto-entrepreneurs Sandeep Nailwal and Yat Siu.

The AI industry has been growing fast over the past few years. So, lots of blockchain projects are exploring how to use decentralization in AI. This could help stop all the data from being controlled by just a few mega-powerful companies. Whether this will actually work or not, who knows? But, the big players in crypto are willing to fork out tens of millions to find out!