AI Computing Economic Layer GAIB has completed a $10 million strategic investment, led by Amber Group.

On August 1, the AI Computing Economy layer GAIB announced the completion of a $10 million strategic investment, led by Amber Group. The funds will be directly used to purchase tokenized GPU assets on the GAIB platform to enhance the on-chain deployment of AI Computing Power infrastructure and attract more institutional participation. In December last year, GAIB announced the completion of a $5 million seed round financing, led by Hack VC, Faction VC, and Hashed, with other participating investors including Spartan, Animoca Brands, MH Ventures, Aethir, Near Foundation, Chris Yin from Plume Network, and Lucas Kozinski from Renzo Protocol. GAIB is a developing encryption AI platform aimed at tokenizing GPUs, making AI Computing (the computing power needed to train and run AI models) more accessible. AI Computing is typically powered by GPUs and other hardware resources, and GAIB seeks to unlock the liquidity of these traditionally illiquid assets.