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The DePIN project SparkChain AI has completed a $10.8 million financing round, led by OakStone Ventures.
PANews reported on June 20 that the DePIN project SparkChain AI announced the completion of a new round of financing amounting to $10.8 million, led by OakStone Ventures. The new funds will be used to support the expansion of its decentralized AI Computing Power network and accelerate its launch on the Solana Blockchain to develop a decentralized contributor network. The decentralized artificial intelligence infrastructure of SparkChain AI supports the conversion of idle bandwidth and computing resources into AI Computing Power, reconstructing global unstructured data and monetizing it through a network composed of nodes, routers, and intelligent data processors.