GAIA Labs has raised $20 million to develop a decentralized AI phone and infrastructure aimed at democratizing AI access. Led by CEO Matt Wright, the initiative will integrate Ethereum and EigenLayer, promoting user data ownership and transparency in AI technologies. GAIA plans to launch a governance token, $GAIA, to enhance network utility. This funding underscores a shift towards decentralized solutions, aligning with increasing demand for open AI access and control in tech ecosystems.
GAIA Labs has raised $20 million to develop a decentralized AI phone and infrastructure aimed at democratizing AI access. Led by CEO Matt Wright, the initiative will integrate Ethereum and EigenLayer, promoting user data ownership and transparency in AI technologies. GAIA plans to launch a governance token, $GAIA, to enhance network utility. This funding underscores a shift towards decentralized solutions, aligning with increasing demand for open AI access and control in tech ecosystems.