Decentralized AI infrastructure Rivalz Network raises $9 million in funding, with participation from Delphi Ventures, etc.

Deep Tide TechFlow News, on August 14th, according to Cointelegraph, the decentralized AI infrastructure project Rivalz Network recently successfully raised $9 million in funding, with major investors including Delphi Ventures, D1 Ventures, Gate.io, Magnus Capital, and Cogitent Ventures. Rivalz Network is dedicated to innovating the field of artificial intelligence by introducing the first AI intelligence layer to address the key bottlenecks of AI data and decentralized infrastructure.

Rivalz's infrastructure is based on Dymension and Arbitrum, utilizing the DePIN dual-chain architecture to ensure the accuracy, source, 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-level 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 market to ensure data quality and reliability through a trust and reputation system.