Rivalz Network Successfully Secures $9 Million To Boost AI Innovation

Press Release

A number of major investors, including Delphi Ventures, D1 Ventures, Gate.io, Magnus Capital, and Cogitent Ventures, are backing the technology path of Rivalz Network. 

On a mission to transform the AI sector through the introduction of the leading AI Intel Layer, Rivalz has successfully raised USD 9 million in its latest funding effort. This significant financial injection is a demonstration of Rivalz’s commitment to pushing the boundaries of AI data and decentralized platforms.

Beyond its primary investors, Rivalz has attracted a wide array of support from varied backers. This eclectic group includes Zee Prime, Caballeros, Formless Capital, Dweb3, Mask.io, BitsCrunch, SL2, Momentum6, 4RC, Stakewithus, NewTribe, Autonomy Capital, Optic, Emoote, BlockBuilders, OIG, The Rollup, IBC, DWF Labs, GSR, Rana, CFG Labs, Basics Capital, Blocktheory, Pragma, X21, Kyros, iAngels, and Wise3 Capital. Rivalz’s creative vision has also drawn investment from angel investors affiliated with 0g Labs, Clique, Metaking Studios (Blocklords), and Vader Research, further solidifying its position as a trailblazer in the AI domain.

Activating the Agentic Economy

Rivalz is tackling a significant challenge in the advancement of AI technology: the demand for data that is ready for AI use, thoroughly tested, verified, and confidential. Leveraging the capabilities of Dymension and Arbitrum, Rivalz introduces its DePIN dual-chain infrastructure, poised to transform the AI sector. With its advanced and hybrid strategy for decentralized storage and network connections, Rivalz is on a mission to propel AI development into a new phase, paving the way for a future powered by agentic.

Rivalz’s AI Intelligence Layer is built around three key elements:

  • Decentralized Data Provenance Protocol: This component guarantees the precision, source, and unchangeability of AI data, ensuring its integrity from start to finish.
  • Secure, FHE-Enabled, Scalable Data Storage: Offers decentralized storage solutions that promote collaboration at AI-required speeds, ensuring data privacy through confidential computing and efficient preprocessing pipelines.
  • Agentic Data Coordination Service (ADCS): This decentralized, real-time data system helps to create a competitive environment for AI agents. It maintains data excellence and dependability by leveraging trust and reputation mechanisms.

Rivalz is leading a transformative approach to artificial intelligence development. Its infrastructure lays a solid foundation for safe, high-quality, and easily accessible intelligence that heralds a new wave of autonomous systems and opens the door to unprecedented value creation in the agency-based economy.

Since its Testnet debut in June 2024, Rivalz has captivated an impressive audience, drawing in over 180,000 participants, engaging 50,000 active storage client operators, and powering 14 million transactions. This has contributed to amassing a social following of half a million. Presently, eight projects are leveraging the Rivalz infrastructure across various domains, including personalized AI for gaming, AI orchestration, and automation, showcasing the platform’s versatility and potential. In addition, Rivalz has formed strategic alliances with leading companies in the industry, including Dymension, Chainlink, Mon Protocol, Aethir, and Puffer Finance. 

With the infusion of fresh capital, Rivalz is set to fast-track its development initiatives, broaden the scope of its infrastructure, and enrich its ecosystem. The investment will be judiciously deployed to fuel innovation, fortify collaborations, and broaden the project’s array of product solutions, responding to the increasing appetite for decentralized, top-tier AI data solutions.

For More Details:

Web: https://rivalz.ai/

Twitter: https://x.com/Rivalz_AI

Telegram: https://t.me/RivalzAI_Ann

Discord: https://discord.com/invite/rivalzai

zNode Sale Announcement: https://blog.rivalz.ai/validator-znode-sale/

Marketing Partner: https://www.scryptuk.io/