Amber Group Commits $10 Million to GAIB for AI Tech Expansion

The RWAiFi project GAIB reportedly secured $10 million in funding led by Amber Group, targeting the tokenization of GPU assets to bolster the on-chain AI economy.

This funding aligns with the BUIDL_QUESTS 2025 initiative, emphasizing the development of decentralized AI infrastructures, though primary confirmations from GAIB remain absent.

Amber Group’s $10 Million AI Investment Strategy

Backed by Amber Group, GAIB aims to further its AI involvement by tokenizing its GPU assets and expanding the on-chain AI economy. Reports indicate key partnerships and $28 million in deposits projected by 2025. However, no official confirmation exists from GAIB regarding these partnerships, including those with DeFi names like Morpho and Pendle.

Amber Group’s alleged funding is aimed at boosting decentralized AI economies through its BUIDL_QUESTS 2025 initiative. While GAIB is reported to be among the beneficiaries, the lack of primary confirmation raises questions about the project’s trajectory.

“BUIDL_QUESTS 2025 represents our conviction in AgentFi as the next frontier of crypto innovation… we’re inviting builders around the world to join us in creating the decentralized AI economy.” — Thos Zhu, CTO and Co-Founder, Amber Group.

Following the reports of GAIB’s funding, there has been no official market reaction or confirmation of asset movement. Amber’s CTO Thos Zhu emphasized the growing importance of AgentFi as a focus in the crypto sector.

Ethereum’s Market Position and Potential AI Economy Impacts

Did you know? Prior initiatives like Amber Group’s BUIDL_QUESTS 2024 laid the foundation for current AI innovations, but identification of specific project grants under each funding round remains undocumented.

CoinMarketCap data shows Ethereum (ETH) trading at $3,811.02, with a market cap of $460.03 billion, capturing an 11.89% market dominance. Recent trends recorded a price decline of 1.88% over 24 hours, despite a substantial 110.33% increase over the last 90 days.

Research insights suggest Amber Group’s move could potentially drive interest in decentralized tech development. However, without GAIB’s official acknowledgment, forecasts about technological outcomes remain speculative without ongoing, confirmed support.