Tensorplex Labs Raises $3M in Seed Funding to Expand Decentralized AI Networks Infrastructure

Web3 and AI startup, Tensorplex Labs, has secured $3m in seed funding from investors including Canonical Crypto, Collab+Currency, Digital Currency Group, Quantstamp, and Amber Group. The funds will be used to expand the infrastructure for decentralized AI networks, which will integrate with DeFi applications. Tensorplex Labs is building foundational railways for open-source AI development and applications, including Tensorplex LST, a liquid staking solution for Decentralised AI Network tokens, and Stream, a showcase application that uses existing Bittensor Subnets to power consumer Web3 platforms.