UPDATED 18:25 EST / NOVEMBER 13 2024

BLOCKCHAIN

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 has 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 gigabits per 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.

The huge number of investors 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.

“AI is transforming every facet of our lives, but its development has been largely centralized, raising concerns about transparency and control,” said Michael Heinrich, co-founder and chief executive officer of 0G Labs. “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.”

Image: 0G Labs

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