TES AI operates an AI computing-power protocol first launched on BNB Chain that leverages distributed computing and smart contract technology to deliver compute for real-time data processing, AI applications, and other high-compute scenarios. The platform incorporates a high-deflation model, a computing-power balance mechanism, a burning mechanism, and an innovative Dex414 protocol. TES AI charges fees for computing resources and uses a token reward mechanism to distribute fees to users who purchase computing power nodes. The protocol emphasizes token-driven incentives to align node operators and users. The company completed a $5 million financing round at a $100 million valuation, which strengthens its financial position following launch. No revenue or user metrics were disclosed in the article.

Total raised

$5M

Funding rounds

1

Latest round

Series A

Latest activity

Jul 2024