PinGo Lab Secures Seed Funding For AI And DePin Solutions

According to Foresight News, AI and DePin solution provider PinGo has announced the completion of its seed round financing. The funding round saw participation from several institutions, including TFund, CGVFOF, K24Ventures, CatcherVC, and LandScape Capital. PinGo operates on the TON network and aims to address the fragmentation and underutilization of idle computing resources. The company provides a foundational computing capability for building AI models, leveraging these otherwise unused resources to enhance efficiency and performance in AI development.