Kite AI: The Purpose-Built L1 for the AI Era AI needs a blockchain designed for intelligence — not just transactions. That’s why Kite AI is building a modular, Avalanche-powered Layer 1 with: 🧠 Proof of Attributed Intelligence (PoAI) — tracks and rewards real AI work transparently ⚙️ Model / Data / Agent Subnets — from raw data to deployed agents 💎 “Use now, pay later” access to state-of-the-art models 🌐 Decentralized GPU resource management for verifiable compute Unlike general-purpose chains, Kite AI natively integrates AI computation, attribution, and incentives — all at the protocol layer. 👉 Learn more: #AI #Blockchain #Web3 #Avalanche #DeAI #KiteAI #ProofOfIntelligence #CryptoAI
1/ We’re thrilled to announce our $18M Series A fundraise led by @PayPal Ventures and @generalcatalyst, bringing total cumulative funding to $33 million. This funding fuels our mission to build the foundational infrastructure for the agentic internet – providing unified identity, governance and native access to stablecoin payments that enable agents to authenticate, transact, and coordinate securely without intermediaries. We are incredibly grateful to our investors who support our mission: @PayPal Ventures, @generalcatalyst, @8VC, @SamsungNext, SBI US Gateway Fund, @vertexventures, @hashed_official, @HashKey_Capital, @DispersionVC, @AlumniVentures, @AvalancheFDN, @GSR_io, @LayerZero_Core, @animocabrands, @EssenceVenture, and @Alchemy. A special thank you to our phenomenal angel investors: @EvanWeb3 (Co-founder and CEO, MystenLabs), Hao Min (VP, Circle), @edwinaoki (SVP, Nasdaq; ex- PayPal CTO of blockchain), Frank Chang (VP, Uber), @navinblockchain (CEO, Crystal Intelligence; ex-Ripple Managing Director), @BohanZhangOT (Member of Technical Staff, OpenAI), John Liu (Head of Product, AWS), @RosuGrigore (Professor, UIUC), Haiyan Huang (Professor, UC Berkeley), Sriram Vishwanath (Professor, Georgia Tech) and more. Join us in building the future of the agentic internet. Exclusive by @FortuneMagazine:
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