TES AI, the AI computing power protocol first launched on BNB CHAIN, completes $5 million Series A financing, led by X FORCE Foundation

Odaily News TES AI, an AI computing power protocol first launched on BNB Chain, announced that it has completed a first round of financing of $5 million with a valuation of $100 million, led by X FORCE Foundation, with participation from OIG Investment, Group Newman Capital, CMCC Global and other institutions and angel investors such as Donahue Lawrence, Byron Hobbes, Brian Katte and Olive Colclough. TESAI adopts high deflation, computing power balance mechanism, burning mechanism and innovative Dex414 protocol; it uses distributed computing and smart contract technology to provide powerful computing support for real-time data processing, AI applications and other scenarios with high computing power requirements. TESAI charges fees and distributes them to users who purchase computing power nodes through the innovative token reward mechanism of the TESAI platform.