Press releases from Inference Labs or major tech companies, or credible news sources reporting on the collaboration

Inference Labs Raises $2.3M for AI Expansion, Backed by Delphi Ventures

Apr 15, 2024, 01:36 PM

Inference Labs has successfully raised $2.3 million in pre-seed funding to enhance AI capabilities through its Proof-of-Inference technology, focusing on liquid restaking and the $TAO project. This funding round was backed by notable investors including Delphi Ventures, which co-led the round. Delphi Ventures expressed enthusiasm for working with Inference Labs' team, highlighting the collaborative efforts with founders Colin Gagich and Sudoron. Inference Labs aims to allow applications and smart contracts to utilize off-chain AI models via zero-knowledge proofs to expand their capabilities.