• About
  • Landing Page
  • Buy JNews
Newsletter
Impact Crypto News
Advertisement
  • Home
  • DeFi News
  • EVM News
    • Avalanche Network
    • Ethereum
    • Fantom Opera Chain
    • Harmony Chain
    • Huobi Eco Chain
    • Polkadot Chain
    • Polygon Chain
  • NFT News
  • Altcoin News
  • Crypto News
    • Crypto Regulation News
    • Bitcoin
    • Blockchain
    • Crypto Exchanges
    • Crypto Mining
    • Metaverse
    • Scam News
    • Web 3.0
No Result
View All Result
  • Home
  • DeFi News
  • EVM News
    • Avalanche Network
    • Ethereum
    • Fantom Opera Chain
    • Harmony Chain
    • Huobi Eco Chain
    • Polkadot Chain
    • Polygon Chain
  • NFT News
  • Altcoin News
  • Crypto News
    • Crypto Regulation News
    • Bitcoin
    • Blockchain
    • Crypto Exchanges
    • Crypto Mining
    • Metaverse
    • Scam News
    • Web 3.0
No Result
View All Result
Impact Crypto News
No Result
View All Result
Home Crypto News Ethereum

GAIB Completes $5M Pre-Seed Round to Pioneer Financial Infrastructure for AI Compute

IMPACTCRYPTO by IMPACTCRYPTO
December 4, 2024
in Ethereum
56 2
0
GAIB Completes M Pre-Seed Round to Pioneer Financial Infrastructure for AI Compute
189
SHARES
1.5k
VIEWS
Share on FacebookShare on Twitter


GAIB, a platform focused on creating financial infrastructure for artificial intelligence (AI) computing, announced the successful completion of its $5 million pre-seed funding round. Notably, the round was co-led by Hack VC, Faction, and Hashed, with participation from prominent investors such as Spartan, CMCC, L2IV, Animoca Brands, and IDG Capital, alongside other strategic backers and angel investors.

Accordingly, the funding will be directed toward scaling GAIB’s research and development (R&D) and operations teams, enhancing product innovation, and strengthening its infrastructure. These efforts aim to address growing market demands and fulfill GAIB’s mission of establishing a decentralized market for enterprise-grade GPUs (graphics processing units).

Bridging AI and Blockchain

GAIB’s platform introduces a groundbreaking approach by tokenizing GPUs and their yields. For context, this innovation transforms GPUs into yield-bearing assets, enabling a decentralized, liquid market that allows investors to gain direct exposure to AI compute resources. Meanwhile, the initiative is set to reshape how investments in the AI sector are approached, shifting focus from traditional equity investments in AI and semiconductor companies to decentralized finance (DeFi) use cases.

“We’re building the first economic layer for AI compute, bringing new investment possibilities into this surging sector,” said Kony Kwong, Founder and CEO of GAIB. “With this funding, we’re transforming GPUs and their yield into a tradable asset class, empowering individuals and institutions to directly engage with the trillion-dollar AI compute market through these new vehicles for direct investment.”

Investor and Industry Support

Investors are optimistic about GAIB’s potential to democratize access to AI computing. Alex Pack, Co-founder and Managing Partner at Hack VC highlighted the strategic importance of GAIB’s efforts:

“We are thrilled to support GAIB as they unlock direct investment opportunities to the critical AI compute market that has long been dominated by a few large players. We’re excited to support GAIB in building the financial infrastructure for the AI era.”

Expanding Ecosystem and Partnerships

GAIB has secured partnerships with key industry players, including Aethir and io.net, to bolster its ecosystem. These collaborations position the platform for scalability and enhance its ability to deliver on its vision of compute financialization.

Furthermore, the platform supports various DeFi applications built around GPU-backed assets, such as stablecoins, lending and borrowing products, options, and futures. These offerings provide users with diverse strategies for hedging, yield generation, and portfolio management.

Related articles

take the zk pill, you stay in the provable reality, and EF’s institutional privacy lead oskar thorén will show you how deep the rabbit hole goes…

take the zk pill, you stay in the provable reality, and EF’s institutional privacy lead oskar thorén will show you how deep the rabbit hole goes…

December 10, 2025
BC.GAME’s “Stay Untamed” Breakpoint Eve party tops 1,200 sign-ups, with DubVision and Mari Ferrari headlining

BC.GAME’s “Stay Untamed” Breakpoint Eve party tops 1,200 sign-ups, with DubVision and Mari Ferrari headlining

December 8, 2025

About GAIB

GAIB positions itself as the first economic layer for AI compute, transforming GPUs and their yields into tradable, yield-bearing assets. Its innovative platform addresses the surging demand for high-performance computing while granting investors unprecedented access to GPU-based assets.

For more information, visit GAIB’s website or follow them on X, Telegram, or Discord.



Source link

Tags: bitcoin newscompletesComputecrypto analysiscrypto newsEthoz EdgeFinancialGAIBInfrastructureLatest bitcoin newslatest crypto newspioneerPreSeed
Share76Tweet47

Related Posts

take the zk pill, you stay in the provable reality, and EF’s institutional privacy lead oskar thorén will show you how deep the rabbit hole goes…

take the zk pill, you stay in the provable reality, and EF’s institutional privacy lead oskar thorén will show you how deep the rabbit hole goes…

by IMPACTCRYPTO
December 10, 2025
0

oskar thorén is one of the leads in ethereum foundation's newest IPTF, or institutional privacy task force. he's a freedom...

BC.GAME’s “Stay Untamed” Breakpoint Eve party tops 1,200 sign-ups, with DubVision and Mari Ferrari headlining

BC.GAME’s “Stay Untamed” Breakpoint Eve party tops 1,200 sign-ups, with DubVision and Mari Ferrari headlining

by IMPACTCRYPTO
December 8, 2025
0

Belize City, Belize, December 8th, 2025, Chainwire As Bitcoin MENA 2025, Solana Breakpoint 2025 and the Global Blockchain Show bring...

Hotstuff Labs launches Hotstuff, a DeFi native Layer 1 connecting On-Chain Trading with Global Fiat Rails

Hotstuff Labs launches Hotstuff, a DeFi native Layer 1 connecting On-Chain Trading with Global Fiat Rails

by IMPACTCRYPTO
December 5, 2025
0

Singapore, Singapore, December 5th, 2025, Chainwire Hotstuff Labs today announced the public testnet for Hotstuff L1, a DeFi Layer 1...

Devconnect Argentina Recap | Ethereum Foundation Blog

Devconnect Argentina Recap | Ethereum Foundation Blog

by IMPACTCRYPTO
December 4, 2025
0

Devconnect Buenos Aires wrapped up as the largest Ethereum Foundation event yet, bringing together a global mix of developers, founders,...

Chainlink ETF Lists on NYSE Arca After ICE Partnership

Chainlink ETF Lists on NYSE Arca After ICE Partnership

by IMPACTCRYPTO
December 3, 2025
0

Key Points The Chainlink ETF recorded $9.8 million in trading volume on its first day with shares closing up approximately...

Load More

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In
Please enter CoinGecko Free Api Key to get this plugin works.
No Result
View All Result
  • Home
  • DeFi News
  • EVM News
    • Avalanche Network
    • Ethereum
    • Fantom Opera Chain
    • Harmony Chain
    • Huobi Eco Chain
    • Polkadot Chain
    • Polygon Chain
  • NFT News
  • Altcoin News
  • Crypto News
    • Crypto Regulation News
    • Bitcoin
    • Blockchain
    • Crypto Exchanges
    • Crypto Mining
    • Metaverse
    • Scam News
    • Web 3.0

© 2018 JNews by Jegtheme.