AI

The Yale University AYA Investment Division announced an investment in SimpleAI

May 18, 2024

      Recently, the Yale Alumni Association's investment arm ([email protected]) announced a significant investment in SimpleAI,the specific investment amount has not been disclosed.a platform dedicated to developing decentralized artificial intelligence. This investment not only demonstrates Yale's commitment to emerging technologies but also marks a key step in its strategy for the global development of the Web3.0 domain.

SimpleAI is a unique AI platform characterized by its decentralized, open-source, and encrypted features, which are accessible without registration. The design of the platform establishes it as a true AI super-platform, enabling developers and researchers worldwide to contribute and utilize AI technology in a barrier-free environment. Importantly, SimpleAI is managed through a Distributed Autonomous Organization (DAO), attracting a broad spectrum of international talent, which further promotes the development of both technology and community.

The Yale University endowment, along with other significant investors including Binance Labs, BCB Capital, and top academic institutions like Oxford University, Harvard University, and Imperial College, are all optimistic about the future of SimpleAI. The collective participation of these investors not only provides financial support for SimpleAI but also paves the way for its cooperation and recognition in the global tech and academic communities.

SimpleAI's mission is to lower technological barriers, allowing more innovators to enter the field of artificial intelligence to address some of the world's most pressing issues. This mission aligns seamlessly with the ethos of Web3, which focuses on empowering society through technology, promoting open and equitable access and innovation.

With the support of these top academic and investment institutions, SimpleAI not only secures a strong foothold at the forefront of technology but also plays an increasingly significant role in advancing the global application and progress of artificial intelligence. Yale University's AYA Investment Division's investment in SimpleAI represents not only a recognition of its business potential but also trust in its role in driving global technological development.

 

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