AI & Blockchain

Clique Secures $8M Series A Funding to Pioneer Compute Network

Author : Renuka K

Clique has successfully closed an $8M Series A funding round, led by Polychain Capital, marking a significant milestone in the quest to revolutionize computing within the blockchain ecosystem. This San Francisco-based infrastructure company aims to create a heterogeneous compute coordination network that will redefine how on-chain and off-chain applications access computational resources and data.

The investment round saw contributions from a mix of venture capital firms and individual investors, demonstrating widespread confidence in Clique's mission. With the funds, Clique plans to enhance the efficiency and optimization of compute resource allocation across various applications, leveraging a broad spectrum of computing solutions including zero-knowledge proofs, trusted execution environments, and AI-powered GPUs.

Clique's innovative approach to private data handling and its significant impact on on-chain transactions underscore its pioneering role in the blockchain space. The company's partnerships and its SDK offer promise new horizons for developers and protocols, aiming to foster a vibrant digital economy in the evolving landscape of AI and blockchain integration.

DisclaimerPlease note that the information provided in this article is based on the referenced research articles. It is essential to conduct further research and analysis before making any investment decisions. The cryptocurrency market is highly volatile, and investors should exercise caution and consult with financial professionals before engaging in cryptocurrency trading or investment activities.