You're contacting media contact of this press release

Title: SparkChain AI Raises $10M in Funding Round Led by OakStone Ventures

SparkChain AI, a pioneer in the Decentralized Physical Infrastructure (DePIN) space, has successfully raised $10.8 million in a strategic funding round led by OakStone Ventures. The capital will be used to scale SparkChain’s decentralized AI compute network, enhance real-time AI processing capabilities, and build key partnerships—solidifying its position as a foundational infrastructure layer for Solana and the broader Web3 ecosystem. Tackling the AI Compute BottleneckAs AI adoption accelerates, demand for scalable, cost-effective compute power has outgrown the capabilities of centralized cloud providers. High costs, latency, and centralization risks have become major bottlenecks to innovation.SparkChain AI offers a new paradigm: a decentralized compute layer powered by its Sovereign Data Rollup architecture. By leveraging idle bandwidth and unused computing resources across a global network, SparkChain significantly reduces infrastructure costs and democratizes access to AI compute—enabling developers, researchers, and enterprises to build faster and cheaper."AI is the new electricity—but only if the infrastructure is open and scalable," said Ethan Cole, Co-Founder and CEO of SparkChain AI. "This funding enables us to accelerate our mission of unlocking real-time, decentralized AI for everyone."Investor Confidence in the Future of DePINThe funding round signals growing institutional belief in the future of DePIN and decentralized AI infrastructure."Centralized cloud solutions are no longer adequate for the scale AI requires," said Michelle Royston, General Partner at OakStone Ventures. "SparkChain AI is building the infrastructure for intelligent, decentralized networks where every participant can contribute and benefit. We’re excited to back this movement."SparkC...

This press release is issued by King Newswire