Endless Web3 Genesis Cloud announces the completion of $110 million in financing, aiming to become a super connector of AI and Web3.

CN
6 hours ago

Endless Web3 Genesis Cloud Announces Completion of $110 Million Financing, Aiming to Become the Super Connector of AI and Web3

The distributed intelligent component protocol Endless Web3 Genesis Cloud has announced the completion of $110 million in financing, with a post-financing project valuation reaching $1 billion. The main investors in this round include several institutions and well-known investors, led by Foresight Ventures. This financing is planned to accelerate the development of Endless's component-based development platform, AI Agent toolchain, and ecosystem construction, as well as key aspects of project product research and development, ecosystem development support, long-term development reserves, market and strategic cooperation, promoting Endless to become the super connector from Web2 to Web3, and between AI and Web3.

Endless is a distributed intelligent component protocol designed to lower the threshold for Web2 applications to transition to Web3, providing developers with a one-stop Web3 application development platform and offering users a Web2-level experience. Endless is built on a public chain that supports the Move language and integrates various AI large model capabilities and plugins, aiming to become the best connector for AI and Crypto, allowing developers to build Crypto AI applications more simply and quickly, and promoting the arrival of the "AI Agentic Super Intelligent System."

Endless's investors span multiple fields including Web3, the internet, and finance, possessing extensive industry experience. They will deeply participate in Endless's governance, future development planning, and ecosystem construction, providing more support to jointly advance the large-scale application of Web3 and the vision of an AI agent-based intelligent ecosystem.

Committed to building the super connector from Web2 to Web3 and the best development platform for Crypto AI, the founding team of Endless has rich experience in AI and Web3.

Endless Co-President Xiong Yu is the Associate Vice-Chancellor of the University of Surrey and the Director of the Blockchain and Artificial Intelligence Research Institute. He is also a visiting professor/researcher at prestigious institutions such as the University of Cambridge and the University of Oxford. The artificial intelligence program at the University of Surrey ranks first in the UK and is very advanced in large model research, having developed a globally leading efficient large language model and launched a real-time image generation AI model.

CTO Amit Kumar Jaiswal is the Academic Chair of the Computer Science Department at one of India's top institutions, the Indian Institute of Technology, and serves as a researcher at the University of Surrey in the UK, leading product development and research in machine learning, generative artificial intelligence, decentralized finance (DeFi), and Web3; he was a co-founder and CTO of Quanonblocks LLP.

Chief Token Economist Ned has over ten years of professional experience in quantitative finance and blockchain ecosystems. His core research areas at the University of Oxford and the University of Cambridge focus on distributed systems and token economics, and he has led several pioneering projects in blockchain, decentralized finance (DeFi), and Web3 innovation.

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