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Web3 AI company Network3 completes $5 million funding round

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2024-07-23 15:15:41
Web3 artificial intelligence company Network3 has raised $5 million in pre-seed and seed funding. EV3, IoTeX Eco fund, SNZ, Waterdrip Capital and Bing Ventures participated in the financing. The company plans to use its financing to grow its team and continue to develop its technology stack. Network3 is building a decentralized AI infrastructure that distributes tasks across numerous devices, reducing latency while prioritizing privacy.
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