IoTeX Receives Strategic Investment from Animoca Brands to Accelerate Real World AI Global Expansion

BlockBeats News, August 28th, DePIN + AI open ecosystem platform IoTeX today announced a strategic investment from Web3 investment firm Animoca Brands. Going beyond traditional investment, this collaboration sees Animoca Brands serving as a network validator and ecosystem partner, working together to drive the large-scale application of Real World AI in Asia and globally.

As a pioneer in the integration of AI and blockchain infrastructure, IoTeX has been focusing on providing verifiable real-world data for AI systems since 2017, empowering 100+ projects and 40 million devices across transportation, robotics, energy, healthcare, and more. With a comprehensive data, identity, and AI technology stack, and collaborations with tech giants like Google, Samsung, and ARM, IoTeX has established a strategic high ground in the trillion-dollar AI and data economy. Animoca's participation will accelerate the global commercialization of Real World AI through funding and deep ecosystem collaboration.