Crypto Venture Fund Variant, 1kx, Leads $6M Funding Round for ZK-Meets-AI Startup Modulus. That’s Some Serious Crypto-Action!

1kx and Crypto Venture Funds Lead $6M Funding Round for Modulus, a Groundbreaking ZK-AI Startup

Introducing Modulus Labs! These tech geniuses are on a mission to revolutionize the world of AI models with their specialized zero-knowledge prover. And guess what? They just raised a whopping $6 million in a seed round! I mean, talk about making it rain in the digital investment world!

But hold on, let’s break it down for those who aren’t fluent in geek speak. Modulus is all about ZKML, which stands for zero-knowledge machine learning. Now, picture this: ZK proofs and AI models joining forces. It’s like Batman and Robin teaming up to save Gotham City, except in the digital realm! Using zero knowledge proofs, they can prove that an AI model was executed flawlessly. Impressive, right?

Now, who’s behind this incredible initiative? Well, we’ve got the big guns leading the charge. Variant and 1kx are spearheading the funding, while Inflection, Bankless, Stanford, and more are hopping on board! And did I mention the superstar angel investors from the blockchain ecosystem? We’re talking about the Ethereum Foundation, Worldcoin, Polygon, Celestia, and Solana, folks! It’s like assembling an all-star cast to make this technological masterpiece a reality.

So, what’s the plan with all this dough? According to Modulus co-founder Daniel Shorr, they’re going to use it to build the Modulus product. You know, for all those brainiac smart contract developers and on-chain services who are itching to add a touch of AI magic. But here’s the twist: until now, integrating AI into your smart contract has been like tossing blockchain security out the window! But Modulus is here to change the game and make sure your contracts stay secure and smart.

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Alright, tech enthusiasts, it’s time to get excited! Modulus Labs is the superhero we’ve been waiting for, swooping in to save the day with their zero-knowledge wizardry. Who needs a cape when you’ve got ZKML? So, buckle up and get ready for a journey into the future of AI. Say goodbye to doubts and hello to verified execution!

Now, over to you, dear readers. Are you ready to witness the awesome power of Modulus Labs? How do you envision AI and zero-knowledge proofs transforming the digital asset landscape? Share your thoughts below! And don’t forget to stay tuned for more exciting updates in the world of blockchain and beyond!

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