TES AI, first launched on BNB Chain, completes first round of $5 million financing, led by the X-Force Foundation

TES AI, an AI computing power protocol first launched on BNB Chain, announced that it had completed a total of $5 million in round A financing at a valuation of $100 million. This financing was reportedly led by X-Force Foundation, OIG Investment, Group Newman Capital, CMCC Global, Donahue Lawrence, Byron Hobbes, Brian Katte, Olive Colclough, and other institutions and angel investors who participated.

TES AI is the first high-value and promising AI computing power platform that adopts high deflation, computing power balance mechanism, and burning mechanism.

Using distributed computing and smart contract technology, it provides powerful computing support for real-time data processing, AI applications, and other scenarios with high-computing demands. TESAI charges fees and distributes them to users who purchase computing power nodes through the innovative token reward mechanism of the TESAI platform. This is the first time that the innovative Dex414 protocol has been used to create a fair, convenient, secure, and high-value computing power investment environment for users.

The analysts pointed out that Nvidia has recently become the top leader in the US stock market, and the market enthusiasm for the AI ​​sector has risen accordingly. ARKM, an excellent AI sector target in the BNB ecosystem, has performed well since its listing. Therefore, the attention and expectations of investment institutions and the market for TES AI’s first innovative Dex414 protocol may be the key factors that led to this financing.

Official Website: https://tesai.ai/