ecosystem “Unleashing the Power of Modular AI: 0G Labs Sets Sail with Staggering $35M Pre-Seed for Revolutionary Blockchain Ecosystem”
0G Labs, a web3 infrastructure firm,” has raised $35 million in a pre-seed round, the team exclusively told TechCrunch.
“In order to build the basic technology, we wanted to raise $5 million, originally,” said 0G co-founder Michael Heinrich.
0G, sometimes called ZeroGravity, is creating a modular AI blockchain that aims to alleviate the pain points of on-chain AI applications in the web3 ecosystem, like speed and cost efficiency.
On-chain AI and gaming requires a fast data pipeline.
It also plans to enable new use cases and things that were not possible before like on-chain AI, on-chain gaming and high-frequency decentralized finance (DeFi).
