Formerly known as the MegaETH Foundation, MEGA has announced a $30 million budget from its treasury to fund a new product roadmap starting with an AI inference marketplace.
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Formerly known as the MegaETH Foundation, MEGA has announced a $30 million budget from its treasury to fund a new product roadmap starting with an AI inference marketplace.
An inference marketplace is planned for December, with the product-development budget coming from MEGA's existing treasury, according to co-founder Shuyao Kong. The MegaETH Foundation has rebranded as MEGA and committed $30 million to new products, starting with AI inference.
The Defiant reported the story as "MEGA Pledges $30 Million for Products, Starting With AI."
2 sources have covered this story, including The Defiant and The Block. The earliest reporting in the cluster landed about 6 hours ago.
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- FirstThe BlockNov 10, 10:56 AM ET · United StatesCenter
- +21mThe DefiantNov 10, 11:16 AM ET · United StatesCenter
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[01] VerifiedCore event reported by 2 independent outlets across the spectrum.
[02] DisputedKey facts present in mainstream desks; corroboration thin from wires.