Blockchain Firm 071 Labs Invests in Decentralized AI Ecosystem MyShell

IconCryptoNewsTerminal Staff11 Sep, 2024

cryptonews.jpg

Blockchain Firm 071 Labs Invests in Decentralized AI Ecosystem MyShell

071 Labs, a blockchain incubation and consulting firm, recently announced a strategic investment in MyShell, a decentralized AI ecosystem headquartered in Tokyo, Japan. MyShell, powered by the OpenAI-based AI platform, enables users to create, share and own AI agents. With over 1 million registered users and 50,000 creators, MyShell has gained significant traction in the AI industry. The company recently closed a $16 million fundraising round led by prominent investors like Binance Labs and OKX Ventures, demonstrating the growing interest in decentralized AI solutions.