Posted 3/10/2024, 9:32:03 AM
JDI Group and Tensor Launch $20M Fund to Accelerate Phoenix Decentralized AI Platform Growth
- JDI Group and Tensor launch $20M Phoenix AI Ecosystem Fund to accelerate growth of Phoenix decentralized AI platform
- Fund will invest in new AI applications and ecosystem partners building on Phoenix
- It will also invest in R&D for PhoenixNode lightweight AI compute hardware units
- Additional funding for niche colocation centers to host PhoenixNode units
- Phoenix takes unique scalable, sustainable approach to AI infrastructure and applications