Edge Matrix Chain Announces $20M to Launch AI-Powered Layer 1 Network and Public Testnet

Edge Matrix Chain (EMC), a leader in multi-chain AI infrastructure, has raised $20 million in a funding round led by Amber Group and Polygon Venture, with participation from other key investors.

The funds will be used to launch EMC’s specialized Layer 1 blockchain, designed specifically for AI-powered decentralized applications (dApps).

This new blockchain will optimize GPU compute resources for AI projects and introduce a unique DeFi asset class backed by tokenized real-world GPUs. EMC’s solution will enable developers to build and scale AI applications more efficiently, integrating seamlessly with existing large language models and AI frameworks.

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