Tensorplex Labs Raises $3M in Seed Funding
Summary
Tensorplex Labs is building foundational railways for open-source AI development and applications, through leveraging on existing principles of decentralized finance and proof-of-stake networks. Tensorplex LST represents a liquid staking solution for Decentralised AI Network tokens, beginning with Bittensor (TAO). By opting for Tensorplex LST, tokens remain liquid, allowing integration and use in various DeFi applications, thus enhancing their composability. Stream is a showcase application built by the Team to demonstrate the use of existing Bittensor Subnets to power consumer Web3 platforms. When Tensorplex releases the TPLX-LLM, Stream will be upgraded to incorporate this advanced model to provide more precise summaries and deeper insights.