Zero Gravity Labs Secures $290M for Decentralized AI Operating System Development

Zero Gravity Labs secures $290M financing for decentralized AI operating system

Zero Gravity Labs (0G Labs) has announced a $290 million capital financing to build the world's first decentralized artificial intelligence operating system (dAIOS). According to a Nov. 13 announcement, the startup completed a $40 million seed raise from a range of venture capital firms, including Hack VC, Delphi Digital, OKX Ventures, Samsung Next, Bankless Ventures, Animoca Brands, Stanford Blockchain Fund, Polygon and several other investors. Another $250 million was secured through a financing agreement granting the startup access to a liquid line of credit and a commitment to its token purchases. The liquid line will enable the 0G Foundation -- the organization behind the protocol -- to access liquid digital assets held on exchanges at over-the-counter rates. Michael Heinrich, co-founder and CEO of 0G Labs, told Cointelegraph that the result of the fundraising "could unlock powerful new possibilities for decentralized AI." The funds will support the development of 0G Lab's AI operating system -- a blockchain-based infrastructure intended to support decentralized AI applications. According to its white paper, the system will be based on a modular and layered architecture that includes a storage network, a data availability network, and a data serving network. Potential benefits for AI applications involve reducing the cost and complexity of handling large data sets and running intensive computations. Related: AI startups draw record $11.8B funding in Q3 The protocol promises a secure and decentralized environment for massive data sets, handling a high throughput of up to 50 gigabytes per second. According to 0G Labs, an inference layer will support real-time AI computation directly onchain, allowing faster insights without requiring offchain processing. Heinrich explained that the team at 0G Labs is also decentralizing its network, "introducing alignment nodes, "enabling "supporters to own part of the critical infrastructure." Related: 0G Labs raises $35M pre-seed funding from over 40 crypto investors for onchain AI Startups working on the intersection of blockchain and AI technologies have drawn investors' capital over the past few months. In a previous interview with Cointelegraph, Pantera Capital portfolio manager Cosmo Jiang discussed the growing convergence of AI and blockchain, predicting that, much like the internet over the past two decades, AI will soon become a vital tool for every business: "There won't be a distinction between "AI businesses" and "Non-AI businesses" [...] As such, we expect many blockchain-enabled businesses will explicitly solve problems with or related to AI." In July, Sentient raised $85 million in funding to develop an open-source AI platform that enables developers to monetize their open-source models and data. The round was led by Peter Thiel's Founders Fund, Pantera Capital and Framework Ventures.

0G Labs raises $40M to advance development of decentralized AI Operating System - SiliconANGLE

0G Labs raises $40M to advance development of decentralized AI Operating System Web 3 and blockchain company Zero Gravity Labs Inc., also known as 0G Labs, revealed today that it had raised $40 million in additional seed funding to accelerate the development of its decentralized AI Operating System and also received a $250 million liquid line token purchase commitment. Founded in 2023, 0G Labs is developing a decentralized AI Operating System called dAIOS that is designed to tap into blockchain technology to enhance AI applications. The platform aims to decentralize AI processing while also enabling data privacy, security and transparent governance, with a goal of seeking to address growing concerns over data centralization and control. At the core of the company's platform is a high-speed data availability layer optimized to handle AI workloads on-chain. The infrastructure supports data throughput of up to 50 GB/second, allowing for efficient processing of large datasets without traditional bottlenecks, with scalability that ensures the platform can handle increasingly complex AI computations while maintaining performance. The dAIOS platform integrates a modular, data-availability system that separates data storage from processing. The modular approach optimizes storage and also ensures that data can be accessed reliably and efficiently for AI-driven applications. By decentralizing data availability, the system is claimed by 0G Labs to provide a more resilient and scalable foundation for AI processes. To enhance interoperability, 0G Labs is also developing a "Uni-Chain" architecture that connects various blockchain networks. The architecture will allow different decentralized applications to interact together, expanding the ecosystem's reach with a unified transaction layer where users can leverage multiple networks without the need for separate wallets. In addition to infrastructure development, the platform includes an inference layer capable of on-chain AI computations. The layer supports real-time data analysis directly on the blockchain, reducing latency and enabling faster decision-making. The idea here is that by keeping AI inference decentralized, the platform ensures that insights remain secure, verifiable and censorship-resistant. The new funding comes on top of the $35 million in seed funding raised by oG Labs in March. Those participating in the rounds included Hack VC, Delphi Digital, OKX Ventures Ltd., Samsung Next Fund, Bankless Ventures, Yat Siu, Animoca Brands Corp. Ltd., Stanford Blockchain Fund, Awaken Finance Ltd., Dao5 Foundation, Coinbureau Ltd., Alchemy Insights Inc., Gumi Inc., No Limits Holdings Ltd., Alumni Ventures Group, Master Ventures Ltd., Longhash Ventures Ltd., IBC Group Ltd., Polygon, Deadalus Investment Management, NGC Ventures Ltd., Nounce Capital, Kudasai Capital Ltd., Blockdaemon Inc., Foresight Ventures Ltd., Blue Pool Capital Ltd., Bolts Technology Ltd., Orange Dao and Alliance Dao Ltd. The large number of investors is noted by 0G Labs as offering a diverse base that underscores a careful selection process and commitment to decentralization. "AI is transforming every facet of our lives, but its development has been largely centralized, raising concerns about transparency and control," Michael Heinrich, co-founder and chief executive officer of 0G Labs, commented. "With dAIOS, we're building an open and decentralized AI Operating System that ensures security, transparency and accessibility. This funding will allow us to accelerate our mission."