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AI computing economic layer GAIB completes $10 million strategic investment, led by Amber Group

AI computing economic layer GAIB announced the completion of a $10 million strategic investment, led by Amber Group. The funds will be used directly to purchase tokenized GPU assets on the GAIB platform to enhance the on-chain deployment of AI computing power infrastructure and attract more institutional participation.

In December last year, GAIB announced the completion of a $5 million seed round of financing, led by HackVC, FactionVC, and Hashed, with other participating investors including Spartan, Animoca Brands, MH Ventures, Aethir, Near Foundation, Chris Yin from Plume Network, and Lucas Kozinski from Renzo Protocol.

GAIB is a developing encrypted artificial intelligence platform aimed at tokenizing GPUs to make artificial intelligence computing (the computing power required to train and run artificial intelligence models) more easily accessible. AI computing is typically provided by GPUs and other hardware resources, and GAIB seeks to unlock the liquidity of these traditionally illiquid assets.

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