NetMind.AI Secures $700,000 Investment for AI Expansion

NetMind.AI, a decentralized AI infrastructure platform, has successfully secured a $700,000 strategic investment. The funding round was co-led by UOB Venture Management and Signum Capital, marking a significant milestone for the company. This investment will be instrumental in expanding NetMind.AI's DeFAI (Decentralized Finance Artificial Intelligence) and Web3 solutions, as well as driving the application of its AI Agent framework.

Based in London, NetMind.AI was established by Kai Zou with a focus on developing General Artificial Intelligence (AGI) infrastructure. The platform leverages global idle GPU resources to offer developers a decentralized environment for inference, training, and AI agent execution. Previously, NetMind.AI introduced NetMind XYZ, a platform that enables users to design, deploy, and trade AI agents. These agents are linked to the platform's native token $NMT, which is managed through smart contracts.

The strategic investment from UOB Venture Management and Signum Capital is expected to accelerate NetMind.AI's expansion into key markets, including the US, Europe, and Asia. This funding will also support the company's efforts in building a stronger Web3 community and enhancing its marketing strategies. The collaboration with these prominent investors underscores the growing interest and confidence in NetMind.AI's innovative approach to AI infrastructure and its potential to revolutionize the industry.