IoTeX received strategic investment from Animoca Brands, and the two sides will cooperate to promote the global layout of Real World AI.

TechubNews
IOTX0,11%

Techub News reports that the DePIN + AI open ecosystem platform IoTeX has announced a strategic investment from Web3 investment firm Animoca Brands, with the specific amount undisclosed. Animoca Brands will also serve as a network verification Node and ecosystem partner for IoTeX, working together to promote the scalable application of Real World AI in Asia and globally. Since 2017, IoTeX has focused on providing verifiable real-time physical world data for AI systems, empowering over 100 projects and 40 million devices across fields such as transportation, Bots, energy, and healthcare. With a complete data, identification, and AI technology stack, IoTeX collaborates with tech giants such as Google, Samsung, and ARM.

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