Venture capital firms have invested over $900,000 in projects that integrate Artificial Intelligence (AI) with blockchain, reflecting the growing confidence in the synergistic effects of these technologies. Compute Labs, a protocol on the Solana blockchain specializing in GPU tokenization, has recently raised a pre-seed fund of $30,000. Investors such as Blockchain Coinvestors, MH Ventures, and OKX Ventures participated in this funding round, led by Protocol Labs.
Supported by the NVIDIA Inception VC Alliance, Compute Labs aims to make enterprise-grade GPUs accessible to a broader audience through its GPU tokenization solution. Founder and CEO Albert Z. is dedicated to democratizing these resources, allowing ordinary investors to enter the computational economy.
In parallel, Sentient Labs, co-founded by Sandeep Nailwal, secured $850,000 in funding led by Peter Thiel’s Founders Fund, with participation from Pantera Capital and Framework Ventures. Sentient Labs is developing an open-source platform to compensate developers for their contributions to AI tools such as chatbots and enterprise software. They plan to launch the testnet of the Sentient platform in the third quarter, marking a significant step in their progress.
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The platform aims to reward engineers for completing critical tasks, such as data refinement, which is crucial for training AI models. It was developed with the assistance of Polygon, a second-layer software for Ethereum.
Christian Mogodichi, founder and CEO of Zaya AI, highlighted the transformative potential of merging AI with blockchain, noting that this combination enhances the functionality and security of smart contracts. He also emphasized that the decentralized nature of blockchain democratizes AI technology, offering greater scalability and accessibility.
The last report by Grayscale also underscored AI as a key theme in the industry, especially in the realms of smart contract platforms and utilities. The understanding of experts and these substantial investments highlight the bright future of the convergence of AI and blockchain, driving innovation, attracting significant investments, and enhancing market performance.
