CoinVoice has learned that, according to the latest official news, the decentralized AI infrastructure Swan Chain has completed its latest round of financing amounting to 2 million USD, with participation from DWF Labs, the Optimism Foundation, and Promotony.
According to RootData, Swan Chain (formerly known as FilSwan) was launched in 2021 and is a decentralized infrastructure aimed at accelerating AI applications. By utilizing the OP Stack's Ethereum Layer 2 technology, Swan Chain combines Web3 with AI to provide comprehensive solutions covering storage, computation, bandwidth, and payments. By leveraging the underutilized computing power in the community data center network, Swan Chain can significantly reduce computing costs by up to 70% while monetizing idle computing assets. [Original link]