AI and blockchain infrastructure company Gency AI today announced it has raised $20 million in a new funding round
Summary
Gency AI, an AI and blockchain infrastructure company, has secured $20 million in a new funding round with participation from investors like Y&ZC Capital and MTmetaworld Holdings. The funds will be used to scale its decentralized advertising network, enhance its privacy-preserving computing stack, and expand its ecosystem partnerships globally. The company aims to transition the advertising industry from "platform trust" to "protocol trust" by leveraging smart contracts and verifiable credentials for transparent and automated execution and settlement of ad campaigns. Gency AI's architecture includes modules for policy identity, privacy computing, clearing and settlement, and an AI optimization engine, all designed to ensure data privacy and operational efficiency. Investors believe this approach, combining AI automation with verifiable computing, is poised to reshape digital advertising infrastructure in response to tightening privacy regulations and growing demand for AI-powered advertising.
(Source:Cointelegraph)