0G Labs launches with whopping $35M pre-seed to build a modular AI blockchain | TechCrunch
Powered by @unfolded0G Labs, a web3 infrastructure firm, has raised $35 million in a pre-seed funding round.
The company is creating a modular AI blockchain that aims to address issues such as speed and cost efficiency in on-chain AI applications.
The funding will be used to hire engineers and build up 0G's market functionality, community, and ecosystem.
The company plans to launch on the mainnet by the third quarter of this year and enable new use cases such as on-chain AI and high-frequency decentralized finance.