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Netmind.ai, a decentralized GPU IT platform and an ecosystem designed to accelerate AI innovation, today receives investments and announces a strategic partnership with United Overseas Bank (UOB) Venture Management and Signum Capital.
This partnership will help netmind.aire to develop more practical use cases for AI applications such as agents, strengthen web3 marketing support, stimulate the strengthening of the web3 community and attract other investments and resources. In addition, UOB Venture AMD Signum Capital will support the expansion of Netmind.ai on the key markets of the United States, Europe and Asia.
UOB Venture and Signum Capital marks the start of this partnership with a strategic investment of $ 700,000 in Netmind.ai to support its decentralized (Defai) and Web3 financing solutions, which are activated by its decentralized computer network. This network identifies inactive GPUs in servers around the world and compiles them in a single source, allowing professionals in automatic learning, researchers and software developers to access AI tools in an affordable and efficient manner.
This announcement follows the launch of Netmind Xyz, the first version of the decentralized civilization of decentralized AI agent from Netmind.ai, where users can design, deploy and interact directly with the agents. Specific tokens, which are combined with the Netmind.ai ($ NMT) utility token, can then be generated and listed on decentralized scholarships against trading when achieving a specified market capitalization threshold. These tokens are safely locked in smart contracts.
Kai Zou, founder and CEO of Netmind.ai, said: “Our partnership brings together our technical expertise in the development of AI with the financial insight and the leadership of the UOB Venture and Signum Capital to explore new applications for decentralized finance. Together, we develop practical solutions via our AI agent company and blockchain technology. We aim to facilitate the transition of traditional centralized models to networks that will be more open and autonomous. ”
About Netmind.ai Netmind.ai is a company of IA solutions and infrastructure based in London dedicated to the progression of artificial general intelligence (AG). The company provides a decentralized GPU IT platform and an AI ecosystem to support applications such as its inference, training and agent platform, which makes AI accessible and affordable for everyone.
For more information, visit Netmind.ai.
About United Overseas Bank Venture Management
UOB is an Asian bank with a headquarters in Singapore and banking subsidiaries in China, Indonesia, Malaysia, Thailand and Vietnam. It has a global network of more than 470 branches and offices in 19 markets in Asia-Pacific, Europe and North America.
Since its incorporation in 1935, UOB has developed in an organic way and thanks to strategic acquisitions. Today, UOB is ranked among the best world banks: AA1 by Moody’s Investors Service and AA- by S&P Global Ratings and Fitch Ratings.
For more information, visit Uob.
About Signum Capital
Founded in 2017, Signum Capital is a venture capital company of the blockchain formed by a team with additional history and interdisciplinary perspectives. Signum Capiral believes that the natives of the crypto are the engine of innovation, and what they build will spread towards the dominant current via cross pollination with other areas. The Signum Capital team is always ready to help the founders deploy their ideas and facilitate the adoption of their products inside and outside the blockchain community.
For more information, visit Signum Capital.
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