Investment deep-dive: @NuklaiData Category: AI Did you know that over 6000 new startups were founded in 2023 to pursue the AI and data gold rush? Data is the oil powering AI and that’s why I’m looking at data infrastructure “pick and shovel” plays that will fuel the next wave of AI. Nuklai Data has me excited. Let’s dive in… 🧵👇 1/ What is Nuklai? > An innovative Layer 1 infrastructure provider that empowers AI and LLMs with access to vast amounts of data, leading to smarter and more reliable AI. > With 1500+ data contributors and over 250k GPUs, Nuklai brings together community-driven data analysis with datasets of some of the most successful businesses to create an interconnected data ecosystem. 2/ Challenges > The global economy is sitting on a gold mine of untapped data. The problem is that due to fragmentation, data is currently scattered and comes in different formats. > This not only makes it difficult to access and integrate but also to reward data feed owners. 3/ Solution > Nuklai addresses these challenges by offering an inclusive and interoperable platform for data collaboration, sharing and monetization. > The platform’s ability to upload datasets of different formats and structure them uniformly allows for streamlining of data handling and analysis. 4/ Nuklai Ecosystem > Nuklai is built on two blockchain networks, supporting the data ecosystem and AI with data management and computational power. > Through data enhancement tools, a public data marketplace, and a private data-sharing solution for businesses, Nuklai makes data sharing easy and rewarding. 5/ NAI Token > As the native network token, NAI powers the ecosystem by paying for TX fees, distributing computing power, rewarding contributors, and enabling participation in network security. 6/ Why Nuklai? > Led by experts in web3, data, AI, and enterprise technology (the team also founded Nexara - peak valuation $1.36B) > Top 5 in the Startup Autobahn Program alongside Bosch, Vodafone, Mercedes-Benz, Porsche, Volkswagen > Major Partnerships: SSA Group, Omniscia, PlugAndPlay, Ava Labs, NXRA, NUANT, Dremio, Datomize, io.net, gpu.net, Web3Go, SelfChain, and much more. > Crunchbase is a lead contributor and official partner giving Nuklai exposure to 75M+ users. > Already onboarded data of 2.5M organizations, 4K VCs, and 250K funding rounds. Nuklai’s validator network testnet is set to launch in May with the mainnet launch scheduled for late Q2 and I'm an early investor.
@damskotrades @NuklaiData best $NAI thread I've seen so far, gj 👑
@damskotrades @NuklaiData Great overview, very concise mate. 👌