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Rivalz Network Secures $9 Million to Advance AI Intel Infrastructure

BALI, Indonesia, Aug. 14, 2024 (GLOBE NEWSWIRE) -- Rivalz Network, aims to transform the AI landscape by introducing the first AI Intel Layer, has raised $9 million in recent funding rounds. This funding marks a pivotal moment for Rivalz as it continues to innovate in AI data and decentralized infrastructure.In addition to its leading investors, Rivalz has garnered support from a diverse group of backers, including Zee Prime, Caballeros, Formless Capital, Dweb3, Mask.io, BitsCrunch, SL2, Momentum6, 4RC, Stakewithus, NewTribe, Autonomy Capital, Optic, Emoote, BlockBuilders, OIG, The Rollup, IBC, DWF Labs, GSR, Rana, CFG Labs, Basics Capital, Blocktheory, Pragma, X21, Kyros, iAngels and Wise3 Capital. Additional investors in Rivalz include angels from 0g Labs, Clique, Metaking Studios (Blocklords), and Vader ResearchEnabling the Agentic EconomyRivalz is addressing a critical bottleneck in AI development—the need for AI-ready, proven, verified, and private data. Built on Dymension and Arbitrum, Rivalz's DePIN dual-chain infrastructure is set to revolutionize the AI landscape. By offering ...Full story available on Benzinga.com

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Read full article here: https://www.benzinga.com/pressreleases/24/08/g40378822/rivalz-network-secures-9-million-to-advance-ai-intel-infrastructure