Exciting news for the blockchain and AI communities! Space and Time (SxT) Labs has secured a $20 million Series A funding round led by Framework Ventures, with participation from Microsoft's M12 Ventures and Arrington Capital.
What does this mean for the future of AI and blockchain?
SxT's innovative technology integrates blockchain indexing, a comprehensive data warehouse, and a zero-knowledge coprocessor known as Proof of SQL. This enables tamper-proof data processing at scale, a critical feature for developing verifiable large language models and other AI applications.
How will the funding be used?
The investment will accelerate product development and ecosystem growth, focusing on AI and blockchain technology. SxT aims to empower the community to own their future in an AI-powered world by providing the tools needed to build sophisticated, data-driven applications.
What's next for Space and Time?
With this funding, SxT will accelerate engineering and product development efforts while fostering ecosystem and community growth. The company plans to provide developers with the necessary tools to build innovative applications that integrate AI with blockchain, laying the groundwork for a more equitable digital future.
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