0G Labs raises $290M to create the world's first dAIOS
Blockchain will make AI safer
Startup Zero Gravity Labs (0G Labs) has announced the raising of $290 million in funding to create the world's first decentralized artificial intelligence operating system (dAIOS).
The company closed a seed round of $40 million and secured an additional $250 million in liquid funds through a financing agreement that provides access to a liquid credit line and token purchase commitments. This funding will help 0G Labs gain liquidity at over-the-counter rates.
According to Cointelegraph, among the investors in 0G Labs are notable venture firms, including Hack VC, Delphi Digital, OKX Ventures, Samsung Next, Bankless Ventures, Animoca Brands, Stanford Blockchain Fund, Polygon, and others.
The funds will be used to support the development of the AI operating system by 0G Labs – a blockchain-based infrastructure designed to support decentralized AI applications.
According to its whitepaper, the system will be based on a modular and multi-layered architecture, which includes a storage network, a data availability network, and a data servicing network.
The protocol promises a secure and decentralized environment for large datasets, with a high throughput of up to 50 gigabytes per second. According to 0G Labs, the output level will support real-time AI computations directly on-chain, allowing for faster information retrieval without the need for off-chain processing.
Risks of Centralized AI
The network will also feature "alignment nodes," allowing participants to own a portion of critical infrastructure.
The project is also attractive because, as 0G Labs CEO Michael Heinrich believes, centralized AI systems pose significant risks if they are not integrated with blockchain technology.
Decentralized governance of AI systems helps prevent their potential misuse in critical areas. According to Heinrich, one of the main advantages of blockchain technology is its ability to make AI systems more transparent and accountable for their actions.
Near Protocol announced its ambitious plan to construct the world’s largest open-source artificial intelligence model, featuring 1.4 trillion parameters, at its Redacted conference in Bangkok. The model, three and a half times larger than Meta’s open-source LLaMA, will be developed collaboratively by thousands of contributors via Near’s new AI Research hub.
