The money will go towards building what 0G Labs calls the first modular AI chain.
Web3 modular infrastructure firm 0G Labs announced the successful completion of a $35 million pre-seed funding round on March 25.
According to a press release from 0G Labs, the round received participation from more than 40 crypto-native institutions, including Hack VC and Stanford Builders Fund.
The funding will be used to build out 0G Labs’ vision of creating a full-stack blockchain-based solution for training, deploying, and running artificial intelligence models. Per the press release, one of the major advantages of its platform is speed over current state-of-the-art solutions such as Ethereum’s smart contract network.
