PANews July 23 news, decentralized AI infrastructure developer Gaia Labs announced the completion of $20 million in seed and Series A financing. This round of financing was led by ByteTrade/SIG Capital (Susquehanna) and Mirana/Mantle Eco Fund, with participation from several institutions including EVM Capital, Taisu Ventures, and NGC Ventures. Gaia Labs currently supports over 700,000 active nodes, with a total of over 17 trillion inference counts, covering thousands of App-Chain domains and blockchain ecosystems. The new round of funding will be used to launch a decentralized AI smartphone, expand node capacity, improve development toolkits, and promote Web3 integration. Gaia Labs plans to release a limited edition smartphone with local AI inference capabilities within the year, the Gaia AI Phone, based on Galaxy S25 Edge hardware, which can run decentralized AI inference locally without relying on the cloud or data extraction, achieving complete user control over the agent.
