- Buy Crypto
- Markets
Futures- Spot
- Copy Trade
Earn- More
AI Computing Economy Layer GAIB Completes $10M Strategic Investment, Led by Amber Group
BlockBeats News, August 1st, AI Computational Economy Layer GAIB announced the completion of a $10 million strategic investment, with the current round of funding 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 Hack VC, Faction VC, and Hashed, with other participating investors including Spartan, Animoca Brands, MH Ventures, Aethir, Near Foundation, Chris Yin of Plume Network, and Lucas Kozinski of Renzo Protocol.
GAIB is a developing encrypted artificial intelligence platform aimed at tokenizing GPUs to make AI computing (the computational power required for training and running AI models) more easily accessible. AI computing is usually provided by GPUs and other hardware resources, and GAIB seeks to unlock the liquidity of these traditionally illiquid assets.
You may also like
Binance's Overseas Public Opinion Heating Up, Solana Embracing LLM, What's the Overseas Crypto Community Talking About Today?
After incubating Coinbase for 14 years, YC finally decided to disburse investment funds using USDC
Global Asset Meltdown: What Happens When the Bet on De-Dollarization Fails?
a16z: Why AI and Crypto Need Each Other Now More Than Ever
Profit Plunges by a Quarter, Why Did Tether Abandon a $20 Billion Financing Plan
$21 Million Funding, NBA Superstar Investment, Can Prediction Market Bluff Break Through with Its Social Features?
Glassnode On-Chain Data Reveals: Realized Price Average Lost, Bitcoin Enters "Bearish Time"
Gold vs Bitcoin: Which Is the Real Safe Haven in 2026's Turbulent Markets?
Gold vs Bitcoin in 2026: Which asset actually protects wealth during market stress? A closer look at safe havens in times of crisis.
Other than disavowing oneself, what is Vitalik thinking about
Canadian Regulator Establishes Stricter Crypto Custody Standards to Mitigate Losses
Key Takeaways: The Canadian Investment Regulatory Organization (CIRO) introduces a Digital Asset Custody Framework aimed at enhancing the…
Bitmine Chair Tom Lee Brushes Off ETH Treasury Losses, Questions ETF Scrutiny
Key Takeaways Bitmine chairman Tom Lee defends the company’s Ethereum treasury strategy amid market downturns, citing long-term planning.…
Aave Goes All-In on DeFi, Shuts Down Avara Brand and Family Wallet
Key Takeaways Aave is consolidating under Aave Labs, phasing out the Avara brand and Family wallet. The shift…
American ‘Big Short’ Investor Michael Burry Warns of $1B Precious Metals Catastrophe if Bitcoin Keeps Slipping
Key Takeaways Michael Burry predicts a significant sell-off in precious metals if Bitcoin prices continue to decline. Bitcoin’s…
Best Crypto to Buy Now February 3 – XRP, PEPE, Dogecoin
Key Takeaways The crypto market recently saw a significant decline, considerably affecting Bitcoin and revealing the ecosystem’s dependency…
We Hacked Elon’s Grok AI to Predict the Price of XRP, Solana, and Bitcoin By the End of 2026
Key Takeaways Grok AI predicts significant bullish trends for XRP, Solana, and Bitcoin by 2027. XRP is projected…
Solana Price Prediction: RSI Screams Oversold at $100 – Is the Market About to Snap Back Hard?
Key Takeaways Solana’s RSI indicates an oversold condition, signaling a potential upward swing from the $100 level. Historical…
Vitalik Buterin Engages as Developers Add Frame Transactions to Ethereum’s Upcoming Upgrade
Key Takeaways: Ethereum developers are contemplating Frame Transactions as a headline feature in the upcoming Hegota upgrade, with…
Crypto Price Predictions for 3 February – XRP, Solana, and Pi Coin
Key Takeaways February is historically a strong month for Bitcoin, suggesting potential recovery for altcoins following a challenging…
App