Summary Review: Zero Gravity Labs (0G Labs) has secured $290 million in funding to develop a decentralized AI operating system (dAIOS). The startup closed a $40 million seed round from prominent venture capital firms and obtained an additional $250 million credit line to support its blockchain-based AI infrastructure.
Zero Gravity Labs, or 0G Labs, has raised $290 million to build a blockchain-powered decentralized artificial intelligence operating system, aiming to reshape AI technology with enhanced transparency and accessibility. Announced on November 13, the funding includes $40 million from top venture capital firms like Hack VC, Delphi Digital, OKX Ventures, Samsung Next, Bankless Ventures, Animoca Brands, Stanford Blockchain Fund, and Polygon, underscoring strong industry support.
In addition to the seed funding, 0G Labs also secured a $250 million line of credit, giving the startup access to substantial liquidity for future token purchases and digital assets at over-the-counter rates. This credit line will provide the 0G Foundation, the entity driving the dAIOS project, with immediate liquidity to support its ambitious initiatives in the blockchain and AI space.
Michael Heinrich, co-founder and CEO of 0G Labs, noted that this capital could “unlock powerful new possibilities for decentralized AI.” With the backing of prominent investors, 0G Labs intends to use this funding to drive innovation in AI while emphasizing the benefits of decentralization, such as transparency and user-driven governance.
Summary Review: Zero Gravity Labs (0G Labs) has secured $290 million in funding to develop a decentralized AI operating system (dAIOS). The startup closed a $40 million seed round from prominent venture capital firms and obtained an additional $250 million credit line to support its blockchain-based AI infrastructure.
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