Odaily Planet Daily News Web3 AI company Network3 has completed $5 million in financing in pre-seed and seed rounds, with participation from EV3, IoTeX Eco Fund, SNZ, Waterdrip Capital and Bing Ventures. The company plans to use this financing to expand the team and continue to develop its technology stack. Network3 is building a decentralized AI infrastructure that distributes tasks to numerous devices, reduces latency, and prioritizes privacy. (TheBlock)