On May 9, according to Contelegraph, the decentralized AI project Inference Labs announced the completion of a $2.3 million Pre-Seed round of financing. This round of financing was led by Digital Asset Capital Management, Delphi Ventures and Mechanism Capital, and participated by Big Brain Holdings, BitScale Capital, Edessa Capital, ID Theory and Metropolis DAO.
It is reported that Inference Labs is using the transformative potential of Web3 to create a decentralized, transparent and secure environment for artificial intelligence to flourish. The company is committed to making artificial intelligence more decentralized, democratized and autonomous.