AI Innovation Soars: Zero Gravity Labs and 0G Foundation Raise $290M

Zero Gravity Labs (0G Labs) has raised $40 million in seed funding, adding to a prior $35 million pre-seed round, while the 0G Foundation secured a $250 million commitment, bringing total funding for its decentralized AI project to $325 million.

Investors include major players like Hack VC, Delphi Digital, and Samsung Next. The funds will support the development of the 0G Protocol, focusing on creating a decentralized AI operating system (dAIOS) that ensures security, transparency, and accessibility. With the goal of processing AI data directly on blockchain networks, 0G Labs aims to tackle centralization concerns and accelerate AI innovation through a high-throughput, decentralized framework.

Clever Robot News Desk 15^th November 2024