Monday, December 11, 2023

Blockchain-Primarily based, AI Compute Protocol Gensyn Closes $43M Sequence A Funding Spherical Led by a16z Crypto



With its newest spherical, Gensyn has raised greater than $50 million and the corporate stated it might use the contemporary capital to speed up the introduction of the protocol and to develop its workforce, together with the addition of protocol and machine studying engineers. Outstanding funding corporations CoinFund, Canonical Crypto, Protocol Labs, Eden Block and a wide range of AI and crypto enterprise capitalists and angels joined a16z within the spherical.

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