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Cryptocurrency News Articles

Zero Gravity Labs Raises $250M to Build a Decentralized AI Operating System

Nov 14, 2024 at 11:31 pm

Zero Gravity Labs (0g Labs), a key contributor to building a decentralized AI operating system dAIOS, has recently completed $250 million in funding.

Zero Gravity Labs Raises $250M to Build a Decentralized AI Operating System

Zero Gravity Labs (0g Labs), a key contributor to building a decentralized AI operating system (dAIOS), has recently completed a total of $250 million in funding.

This includes $40 million in seed funding, following an initial $35 million, and a separate $250 million commitment from the OG Foundation in a liquid line/token purchase. Together, these investments bring the total funding in the 0G ecosystem to $325 million.

dAIOS combines artificial intelligence (AI) with blockchain technology. Unlike traditional centralized AI systems, 0G aims to decentralize AI processing.

This means that instead of relying on a single entity to control and process data, the platform will allow for a network of distributed contributors to manage data availability and computation securely and transparently.

One of dAIOS’s most ambitious features is its approach to high-speed data handling. It’s built with an infrastructure that can support data processing at rates of up to 50 gigabits per second.

This high data throughput is key for managing the vast quantities of information needed to power advanced AI applications, making it both fast and scalable.

dAIOS’s architecture also includes an “inference layer” for real-time AI processing directly on the blockchain, meaning data doesn’t have to be sent off-chain for analysis.

This feature could enhance decision-making speed in decentralized applications, ensuring that AI processes remain verifiable and secure.

The funding received by 0g Labs and the 0G Foundation will be used to speed up the development of dAIOS and to bring on new talent, including experts in AI research and blockchain technology.

In addition to technical advancements, they are collaborating with universities, research institutions, and industry experts to push forward with new, decentralized AI developments.

The larger goal of dAIOS is to create a secure and open AI ecosystem that addresses common issues in today’s centralized AI systems, such as data privacy concerns, risk of security breaches, and lack of transparency in AI decision-making.

This decentralized approach intends to give users more control over their data, helping to prevent monopolization by large tech companies and reduce the risk of censorship.

In supporting this goal, the 0G Foundation is developing a community of developers and ecosystem participants who share this vision for decentralized, secure, and transparent AI.

News source:cryptotvplus.com

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