TechFlow reports that on August 14, according to Cointelegraph, decentralized AI infrastructure project Rivalz Network has successfully raised $9 million in funding from prominent investors including Delphi Ventures, D1 Ventures, Gate.io, Magnus Capital, and Cogitent Ventures. Rivalz Network aims to revolutionize the AI sector by introducing the first AI intelligence layer, addressing critical bottlenecks in AI data and decentralized infrastructure.
Rivalz's infrastructure is built on Dymension and Arbitrum, utilizing a DePIN dual-chain architecture designed to ensure the accuracy, provenance, and immutability of AI data through a decentralized data provenance protocol. Its secure, fully homomorphic encryption (FHE)-enabled scalable data storage provides decentralized storage and collaboration capabilities, supporting AI-grade low-latency, confidential computation and preprocessing pipelines. Additionally, the Agent Data Coordination Service (ADCS) serves as a decentralized real-time data infrastructure, creating a competitive marketplace that ensures data quality and reliability through trust and reputation systems.
