Decentralized AI Startup GAIA Labs Raises $20M to Launch Innovative 'GAIA AI Phone'

GAIA Labs, a groundbreaking decentralized artificial intelligence (AI) venture, announced on October 24th that it has successfully secured $20 million through seed and Series A funding. The company aims to utilize this capital to advance decentralized AI infrastructure and debut its flagship product—the 'GAIA AI Phone'—by the end of this year, marking its entry into the mobile ecosystem.

Revolutionizing Mobile AI: GAIA AI Phone Promises On-Device AI and Enhanced Data Sovereignty

The eagerly anticipated 'GAIA AI Phone' is slated for release in late 2023, promising users a first-of-its-kind mobile device integrated with decentralized AI functionality. Based on Samsung's Galaxy S25 Edge, the phone will leverage Samsung's Knox security platform to offer unparalleled protection.

What sets this device apart is its reliance on 'On-Device AI,' a system that operates AI models locally on the phone rather than utilizing centralized cloud-based servers. This cutting-edge approach guarantees full data sovereignty, as all user data remains stored on the device without external connectivity. Even offline, users will maximize their experience thanks to an AI assistant that operates independently of an internet connection.

Shashank Sripada, Co-Founder of GAIA Labs, remarked, "Current AI-enabled phones merely serve as data harvesting tools for major tech corporations. With our GAIA AI Phone, we aim to deliver something revolutionary—where users retain full control over their data, realizing its true value."

Funding Campaign Led by Web3 Leaders: ByteTrade Lab, Mirana Ventures, and More

GAIA Labs' fundraising gained robust momentum under the leadership of ByteTrade Lab, a prominent Web3 infrastructure developer, and Mirana Ventures, a globally influential venture capital firm. Additional contributions came from heavyweights such as FACTBLOCK, Consensys Mesh, MoonPay, BitGo, Presto, Taisu Ventures, and EVM Capital, illustrating widespread support for GAIA Labs' bold vision.

The $20 million raised will be strategically invested in several priority areas, including mobile AI technology development, scaling decentralized infrastructure, producing open-source AI toolkits, and integrating Web3 capabilities. Takashi Hayashida, Managing Partner of Taisu Ventures, voiced a strong vote of confidence, stating, "We’re excited to back GAIA Labs as they redefine the future of user-controlled intelligence."

A Decentralized AI Milestone: 17 Trillion AI Inferences Powered by GAIA's Infrastructure

GAIA Labs operates one of the world’s most advanced decentralized AI networks—a peer-to-peer (P2P) architecture where distributed nodes from around the globe connect without reliance on centralized servers. This network currently boasts over one million wallets and 700,000 active nodes, which together have achieved an impressive 17 trillion AI inference tasks to date. Such results highlight the technical prowess and scalability of GAIA's infrastructure.

Matt Wright, CEO of GAIA Labs, elaborated on the company’s mission: "We envision a world where AI inference is not monopolized by a select few corporations but exists as a resource that’s open to everyone. With this new funding, we are empowered to expand our decentralized AI infrastructure and drive the creation of an 'Internet of Knowledge.'"

GAIA Labs' ambitious strides in decentralized AI technology have significant potential to transform the AI, mobile, and Web3 industries. As traditional tech giants tighten their grip on data and infrastructure, GAIA’s alternative vision for user-owned AI presents a disruptive solution, resonating strongly with investors and collaborators alike.