Tensorplex Raises $3M to Expand Decentralized AI, Launches stTAO and Subnet

Tensorplex Labs has successfully raised $3 million in seed funding to expand the infrastructure for decentralized AI networks, including Bittensor. The funding round was co-led by Collab+Currency and Canonical Crypto. Tensorplex is focused on building capital and intelligence infrastructure for decentralized AI networks. The company is working on accelerating the Bittensor ecosystem through various initiatives such as a liquid staking solution (stTAO), an upcoming subnet, launching killer products like stTAO x stream, and other open-source intelligence products on Bittensor. Additionally, Tensorplex is building a number of other TAO-powered products and has plans for an upcoming subnet launch. Investors and partners expressed enthusiasm about the potential of Tensorplex to innovate in the decentralized AI space, highlighting the team's expertise in both crypto and AI.