IoTeX Secures Strategic Investment from Animoca Brands to Expand AI Applications

According to BlockBeats, IoTeX, an open ecosystem platform integrating DePIN and AI, has announced a strategic investment from Web3 investment firm Animoca Brands. This partnership extends beyond traditional investment, with Animoca Brands also serving as a network validation node and ecosystem partner. Together, they aim to advance the large-scale application of Real World AI in Asia and globally.Since its inception in 2017, IoTeX has been a pioneer in merging AI and blockchain infrastructure, focusing on providing verifiable real-time physical world data for AI systems. The platform has empowered over 100 projects and 40 million devices across various sectors, including transportation, robotics, energy, and healthcare. With a comprehensive stack of data, identity, and AI technologies, and collaborations with tech giants like Google, Samsung, and ARM, IoTeX has positioned itself at the strategic forefront of the trillion-dollar AI and data economy.The involvement of Animoca Brands is expected to accelerate the global commercialization of Real World AI through financial and ecosystem collaboration.