exabits

According to ChainCatcher news, three projects including GPUaiRich have received support from the Exabits ecosystem Grant, as announced by the official news from the Silicon Valley computing giant Exabits. This Grant aims to assist emerging projects in innovation and implementation in the fields of AI and computing power. With this move, Exabits further consolidates its industrial position in the decentralized computing power ecosystem.

ChainCatcher news, the encrypted AI startup Exabits has completed a $15 million seed round financing, with a valuation of $150 million, led by Hack VC. This round of financing brings Exabits' total funding to $20 million.Exabits co-founder Hoansoo Lee stated that Exabits began fundraising in July this year and completed this round of financing in October, with plans to launch a token in the future.Exabits tokenizes GPUs, aiming to achieve decentralized computing. Exabits' tokenization model provides direct investment in GPU computing assets, creating a liquid market.

ChainCatcher news, according to official sources, the NEAR Foundation has announced the first six artificial intelligence teams selected for the NEAR Horizon AI incubation program. These teams will build foundational models, model training, and developer tools for the AI x Web3 intersection, supporting scalable, efficient, and secure user-owned AI. Here are the first six projects of the NEAR AI x HZN incubation program:Mizu: Dedicated to building the first synthetic open data layer aimed at fostering an open, collaborative data ecosystem among AI developers.Pond: Developing foundational cryptographic models using Graph Neural Networks (GNNs) to analyze on-chain data and predict future behaviors.Nevermined: Providing a robust payment infrastructure for AI businesses, facilitating transactions for AI developers.Hyperbolic: Offering open-access AI cloud services, including a GPU marketplace and AI inference services.Ringfence: Helping creators and artists monetize their works while retaining ownership.Exabits: Providing GPU computing in a data center environment, offering the necessary physical and technical conditions for serious AI training, inference, and fine-tuning.

ChainCatcher news, according to Cointelgraph, decentralized cloud computing service provider Exabits.ai has announced the completion of its seed round financing, with participation from Protocol Labs, Outlier Ventures, Jabre Capital Partners, Valkyrie Fund, Big Brain Holdings, Blockchain Builders Fund, Taisu Ventures, Fortified Ventures, LBank Labs, Paramita Capital, Moonhill Capital, IoTeX, 1nvest, and others. The specific amount has not been disclosed.It is reported that Exabits.ai has also received support from the Stanford Blockchain Accelerator, Harvard Innovation Lab, OV Base Camp, Berkeley Blockchain Xcelerator, and Google Cloud.