Inference Labs Raises $2.3 Million in Pre-Seed Funding to Revolutionize AI with Proof of Inference starting with Liquid Staking

• 
  Inference
  Labs
  closes
  a
  $2.3
  million
  pre-seed
  round
  led
  by
  Digital
  Asset
  Capital
  Management,
  Mechanism
  Capital,
  and
  Delphi
  Ventures.

• 
  The
  latest
  funding
  round
  for
  Inference
  Labs
  will
  boost
  their
  innovative
  AI
  efforts,
  focusing
  on
  creating
  a
  network
  for
  efficient
  AI
  verification
  that
  incorporates
  Proof
  of
  Inference
  consensus.

Inference
Labs,
a
visionary
in
combining
artificial
intelligence
(AI)
with
Web3
technologies,
is
proud
to
announce
a
successful
$2.3
million
Pre-Seed
funding
round.
The
funding
was
led by
Digital
Asset
Capital
Management,
Delphi
Ventures
&
Mechanism
Capital,
with
participation
from
Big
Brain
Holdings,
BitScale
Capital,
Edessa
Capital,
ID
Theory,
Metropolis
DAO,
Mozaik
Capital,
Newman
Capital,
Seed
Club
Ventures.
Industry
leaders
and
builders,
Lucas
(founder
of
Renzo
Protocol),
Dan
(founder
of
BENQI),
Kalin
(Render),
Jason
Morton
(founder
of
zkonduit
&
EZKL),
Santiago
R
Santos,
Omar
Shakeeb
(founder
of
SecondLane),
DeFi
Dad,
and
many
others. 

This
investment
is
poised
to
further
optimize
Inference
Labs’
innovative
approach
to
AI,
where
their
work
is
focused
on
the
development
of
a
network
for
efficient
AI
verification
with
Proof
of
Inference
consensus.
 The
strategic
financial
support
will
also
help
grow
the
team,
and
fast-track
product
development
to
catalyze
an
entire
ecosystem.

Colin
Gagich,
Co-Founder
and
CEO
of
Inference
Labs,
emphasizes
the
urgency
to
avoid
AI’s
monopolization
stating,
“We
must
lead
AI
into
a
new,
secure,
and
accessible
era,
ensuring
it
doesn’t
fall
into
the
hands
of
a
few,
as
its
power
far
exceeds
that
of
social
media.
Decentralized
AI
isn’t
just
our
goal,
it’s
a
critical
necessity
for
the
future.”

Marc
Weinstein,
General
Partner
at
Mechanism
Capital,
supports
this
sentiment:
“Inference
Labs
is
not
only
innovating
in
AI
but
is
also
reshaping
how
we
think
about
technology.
Their
work
in
integrating
AI
with
Web3
is
groundbreaking
and
essential
for
the
next
generation
of
technological
advancements.” 

Commenting
on
the
funding
round,
Ronald
Chan,
Co-Founder
of
Inference
Labs,
elaborates
on
the
foundational
principles
guiding
their
innovation:
“AI’s
natural
criterion
for
interoperability
would
be
self-sovereignty
within
a
resilient,
decentralized
network,
incorporating
native
value
exchange
into
the
protocol.
New
technological
primitives
must
be
built
with
machines,
not
just
humans,
in
mind.
With
this
funding,
Inference
Labs
will
continue
to
make
a
substantial
impact
in
this
rapidly
changing
landscape.”

Inference
Labs
unveils Omron.ai,
a
pioneering
Bittensor
subnet
#2
that
leverages
artificial
intelligence
to
redefine
the
landscape
of
Liquid
Staking
Token
(LST)
and
Liquid
Restaking
Tokens
(LRT).
Omron
stands
to
incentivize
the
explosive
market
by
encouraging
and
rewarding
LST
and
LRT
activities.
Inference
is
the
moment
of
truth
for
a
Neural
Network,
it
is
only
natural
that
the
most
successful
peer-to-peer
intelligence
market
Bittensor
is
a
perfect
training
ecosystem
for
Omron.

At
its
core,
Omron
employs
a
sophisticated
ecosystem
of
smart
contracts
alongside
validator
and
mining
nodes.
This
system
is
intricately
designed
to
supply,
authenticate,
and
refine
automated
liquid
restaking
strategies
on
the
most
prolific
staking
and
restaking
platforms
such
as
Renzo,
and
the
Eigenlayer
ecosystem.
On
Omron,
individuals
choose
their
favored
(re)staking
service
via
our
aggregation
interface.
Participants
create
a
restaked
ETH
position
by
contributing
LSTs
or
ETH.
This
results
in
the
selected
(re)staking
ERC20
token,
which
can
subsequently
be
utilized
within
the
Ethereum
network
to
accrue
additional
rewards
while
providing
training
data
to
the
Bittensor
Omron
Subnet.

The
overarching
goal
is
to
enhance
capital
and
intelligence
markets’
efficiency.
By
deploying
a
diverse
array
of
prediction
models,
Omron
not
only
facilitates
in
passive
Ethereum
staking
strategies
but
also
pioneers
additional
restaking
opportunities
and
efficiencies,
paving
the
way
for
a
more
dynamic
and
responsive
financial
ecosystem. 

A
novel
aspect
of Omron is
its
points
incentive
mechanism.
Contributors
who
deposit
LST
or
LRTs
are
awarded
points
on
an
hourly
basis.
This
incentivization
model
encourages
users
to
contribute
as
they
normally
would
to
their
selected
(re)staking
platform.
 Our
audited
smart
contracts
act
as
an
aggregator
and
all
native
liquid
(re)staking,
points,
and
incentives
flow
back
to
the
depositor
plus
Omron
points
while
improving
capital
efficiency
and
AVS
yield
optimization
AI
models.
 Extend
and
continue
with
additional
Liquid
(re)staking
activity
in
return
for
more
points!
In
turn,
these
contributions
fuel
the
Bittensor
Omron
subnet
with
a
continuous
flow
of
on-chain
LST
and
LRT
performance
data
and
activity,
enriching
the
overall
intelligence
and
liquidity
of
the
system.
In
a
Bittensor
first,
active
validators
and
miners
for
the
subnet
will
also
receive
points
for
their
participation.
The
Omron
subnet
is
the
first
Liquid
(re)Staking
Aggregator
which
provides
depositors
direct
exposure
and
rewards
to
Artificial
Intelligence.

Through
Omron,
Inference
Labs
is
setting
a
new
standard
for
the
integration
of
AI
in
the
DeFi
space,
offering
a
unique
and
compelling
proposition
that
combines
liquid
(re)staking
with
the
transformative
potential
of
machine
learning
with
Proof
of
Inference
consensus.
 This
initiative
not
only
showcases
Inference
Labs’
innovative
capabilities
but
also
signals
a
significant
leap
forward
at
the
intersection
of
decentralized
finance
and
artificial
intelligence.

About
Inference
Labs:

Inference
Labs
Inc.
is
pioneering
the
integration
of
AI
with
Web3
technology.
The
company
is
dedicated
to
making
AI
more
accessible,
secure,
and
user-friendly,
focusing
on
a
decentralized
and
privacy-centered
future,
in
contrast
to
conventional
centralized
systems.
Founded
in
2023
by
Colin
Gagich
and
Ron
Chan,
Inference
Labs
is
headquartered
in
Hamilton,
Ontario.