Web3 AI company Network3 completes $5 million in financing, with EV3 and others participating

Odaily News Web3 AI company Network3 has raised $5 million in pre-seed and seed rounds, with participation from EV3, IoTeX Eco Fund, SNZ, Waterdrip Capital, and Bing Ventures. The company plans to use the funding to expand its team and continue developing its technology stack. Network3 is building a decentralized AI infrastructure that distributes tasks to numerous devices, reduces latency, and prioritizes privacy. (TheBlock)