Zero-knowledge (ZK) layer 2 blockchain CryptoGPT has cashed in | Crypto Eagles | News

Zero-knowledge (ZK) layer 2 blockchain CryptoGPT has cashed in on the recent surge in interest around artificial intelligence (AI) to raise $10 million in funding.

The Series A round, which was led by market maker DWF Labs - which has emerged as one of the most active investors during the crypto bear market - gave the AI-focused blockchain a $250 million valuation.

CryptoGPT recently rolled out an Web3-focused AI assistant "Alex" and is developing its ZK rollup layer 2 blockchain and a data-to-AI engine, which collects, encrypts and transfers data for commercial applications.

https://www.coindesk.com/business/2023/04/10/ai-focused-blockchain-cryptogpt-raises-10m-funding-at-250m-valuation/