ChainCatcher news, according to The Block, the crypto AI startup GAIB, focused on GPU tokenization, has completed a $5 million Pre-Seed funding round. This round was led by Hack VC, with co-investors Faction VC and Hashed, along with other investors including Spartan, Animoca Brands, MH Ventures, Aethir, Near Foundation, and others.
GAIB aims to provide more liquidity and accessibility for AI computing by tokenizing GPU assets. GAIB has completed prototype development and will launch a pilot project this month, planning to introduce an Alpha product and platform token within the next two months. The platform will support multiple blockchains, including Ethereum, Base, BNB Chain, and others. Based in Singapore, GAIB currently has 19 employees and plans to further expand the team to drive research and development as well as market promotion.