YZi Labs has revealed its investment in Tensorplex Labs, which specializes in decentralized artificial intelligence solutions by combining blockchain technology with artificial intelligence (AI) models. The collaboration between organizations seeks to develop AI platforms through distributed infrastructure to nurture decentralized finance (DeFi) and AI innovation. Tensorplex Labs operates as a pioneering firm dedicated to creating AI applications together with infrastructure elements that emphasize decentralized operations.
The funding will enable the company to expand its team while speeding up research projects alongside promoting decentralized Artificial Intelligence solutions. The investment supports YZi Labs’ expansion into AI and biotech while showing its dedication to upcoming technology sectors.
Tensorplex Labs launched two major projects called Tensorplex Dojo and Backprop Finance representing the advancement of decentralized AI and DeFi. The Dojo platform boosts AI models and workflows through automated human feedback integration. Users worldwide contribute to AI training through Dojo where structured human preference data is gathered and participants receive rewards based on input.
More than 1,000 contributors currently use the platform to complete approximately three million feedback tasks thus enhancing AI-human collaborative capabilities. Backprop Finance functions as Bittensor’s complete decentralized financial service center. Through its recent dTAO upgrade, the Bittensor platform transitioned to an open-market emission distribution system.
Backprop Finance enables dTAO token exchange through its trading terminal but plans to add capital solutions that will use Ethereum Virtual Machine (EVM) smart contracts. The goal is to improve the economic performance of the Bittensor subnet by establishing decentralized AI financial systems that serve more users.
YZi Labs Investment Director Andy Chang expressed positive views about decentralized AI through his focus on how human expertise contributes to AI development along with Tensorplex’s work. Tensorplex Co-Founder CK Cheung expressed positive views about the investment as he underscored the company’s mission to develop a user-friendly AI system that promotes shared AI development.
The financial support from Collab Currency, Canonical Crypto, DCG, and Accomplices allows Tensorplex Labs to expand its operations while solidifying its position in developing the future of decentralized AI and DeFi technology.
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Author: NixCoin
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