Odaily Planet Daily News GAIB, a crypto AI startup focusing on tokenized GPUs, has completed a $5 million Pre-Seed round of financing, led by Hack VC, Faction VC and Hashed, with participation from Spartan, Animoca Brands, MH Ventures, Aethir, Near Foundation, Chris Yin of Plume Network and Lucas Kozinski of Renzo Protocol. Kony Kwong, co-founder and CEO of GAIB, declined to disclose the valuation after the financing, nor did he disclose whether any investors served as advisors or directors. Kwong said GAIB has completed the prototype design and is ready for a pilot release later this month, and plans to launch an alpha product in the next two months. He added that the GAIB token will also be launched after the product launch. Kwong said the GAIB platform will be deployed on multiple blockchains, including Ethereum, Base, BNB Chain, Plume, Monad, Movement, Berachain, Optimism, Arbitrum, Mantle, Avalanche Zircuit and Polygon. Currently, Singapore-based GAIB has 19 employees, and Kwong plans to expand the team to marketing, operations, and R&D functions. (The Block)