Modulus Labs completes $6.3 million in seed round financing, with participation from Variant and 1Kx
Modulus Labs, a project aimed at introducing cryptographic security into artificial intelligence, completed a $6.3 million seed round of financing, with participation from Variant and 1Kx. The core concept of Modulus Labs is to use zero-knowledge proof to provide verification for AI systems, ensuring that AI queries remain unchanged and unaltered. This paves the way for AI to be integrated into a wider range of Web3 applications.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
Avalanche launches Avalanche9000 testnet, its largest upgrade to date
Ether gains momentum as capital shifts from bitcoin and derivatives activity increases
Capital flows are shifting from bitcoin to ether, with derivatives market activity signaling growing confidence in ether’s near-term upside, analysts said.Ether has surged over 6% while in the past 24 hours, while bitcoin saw a slight decline, as open interest and demand for call options hit record highs for the second-largest cryptocurrency by market cap.
WisdomTree registers XRP ETF entity in Delaware: report
WisdomTree, an issuer of exchange-traded funds, registered an XRP ETF entity in Delaware.The move signals that the fund manager will likely file an S-1 registration with the SEC.