SwanChain Secures $3 Million Seed Funding Led by Binance Labs for AI Infrastructure

IconCryptoNewsTerminal Staff29 Jul, 2024

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SwanChain Secures $3 Million Seed Funding Led by Binance Labs for AI Infrastructure

SwanChain has raised $3 million in a seed round led by Binance Labs. SNZ via X, Outlier Ventures, and Protocol Labs also participated in the round. SwanChain intend to use the funds to accelerate development and growth. The decentralized AI infrastructure network did not disclose specific details about the use of funds. However, SwanChain has previously stated that it aims to make AI more accessible and affordable for businesses and individuals. The company's platform provides a range of AI tools and services, including data preparation, model training, and deployment. SwanChain was founded in 2021 by a team of experienced AI engineers and entrepreneurs. The company is headquartered in Singapore.

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