ChainCatcher news, the next-generation decentralized edge artificial intelligence infrastructure Network3 announced on November 11 that its global node count has surpassed 400,000, marking the platform's ongoing growth in technological expansion and influence worldwide.As a leading Decentralized Edge AI-Infrastructure, Network3 aims to break the monopoly of large tech companies on the development and narrative of artificial intelligence, achieving the democratization of the AI industry globally. By building a decentralized federated learning framework, Network3 enables users to perform collaborative training without sharing raw data.Network3 has secured $5.5 million in funding from top-tier institutions such as Borderless, EV3, IoTeX, Mask Network, Bing Venture, Waterdrip Capital, SNZ, and Candaq. Currently, Network3 is gradually improving its network construction and business cooperation layout.

ChainCatcher news, according to DePINscan data, the number of physical mining machines for the DePIN & AI project Network3 has now surpassed 5,000 units, marking a further expansion of Network3's layout in the Edge AI field. The latest data shows that the daily earnings of the N3 Edge V1 device remain at the top of the DePIN project rankings.Currently, the global coverage and decentralization level of the Network3 network have reached new heights, with active deployments of nodes worldwide reaching 380,000, covering 185 countries and regions. The physical mining machine N3 Edge V1 has also received significant market attention, selling out quickly during its previous pre-sale, and is now launching a direct sales program from the manufacturer. Several manufacturers have already joined, and announcements will be made on the official website soon.In addition, the project has successfully secured $5.5 million in seed round financing, and a new round of financing has been initiated, attracting participation from several leading institutions. The official announcement revealed that the process has already started, with plans to complete the TGE by the end of the year.

ChainCatcher news: At the R3al World DePIN Summit of Token2049 in Singapore, Rock, the founder of the DePIN & AI project Network3, announced the launch plan for its new local large language model (LLM) feature, which will significantly enhance the efficiency and performance of edge AI technology.Rock pointed out that although edge AI has deeply integrated into people's daily lives, the complexity and importance behind it are often overlooked. For example, the ability of smartphones to perform data processing tasks at night fully demonstrates the potential of edge devices to utilize idle resources for efficient computing. With the newly launched local LLM feature, Network3 will significantly optimize the efficient computing capabilities of smart devices during idle times, especially for local inference and processing without relying on cloud computing. This not only greatly reduces bandwidth consumption but also enhances data security and privacy protection.Network3 will provide strong support and vast resources for edge AI by integrating global idle edge device resources. The upcoming local LLM feature will allow users to seamlessly enjoy AI chat services on mobile devices without relying on expensive cloud computing infrastructure. Additionally, users can earn tokens by interacting with the model and customize and optimize algorithms based on personal needs, enhancing the personalized experience. According to Network3, the beta version is planned to be released in October, at which time users can download it from the official website for experience.It is reported that Network3 is helping global AI developers efficiently, conveniently, and economically perform large-scale inference, training, or validation of models by building an AI Layer2. Previously, it was announced that Network3 had completed $5.5 million in pre-seed and seed round financing, and the next round of financing has already begun, with several leading institutions participating.