The DePIN project SparkChain AI has completed a $10.8 million financing round, led by OakStone Ventures

ChainCatcher news, according to AccessnewsWire, SparkChain AI has successfully raised $10.8 million in a funding round led by OakStone Ventures. The funds will be used to expand its decentralized AI computing network, optimize real-time AI processing, and establish key partnerships.

SparkChain AI's Sovereign Data Rollup architecture leverages unused internet bandwidth and idle computing resources to address the high costs, latency, and centralization risks faced by traditional cloud systems. The network is set to launch on Solana, aiming for deeper integration with high-performance, low-cost on-chain environments.