AI Web3 startup Bluwhale completes $100 million in financing and will launch L3 AI layer based on Arbitrum

According to TechFlow, Web3 AI startup Bluwhale announced the completion of a total of more than $100 million in seed/Series A financing, including $7 million in venture capital, $85 million in token purchase commitments, and $8 million in grants and node sales revenue. Cointelegraph, SwissBorg, Awaken Finance and other well-known institutions participated in the investment.

Bluwhale was founded in 2022 by Adam Rowell and Han Jin, machine learning experts at Stanford and Berkeley and former members of the TikTok AI team. The company is working with Caldera to develop an L3 zk-rollup called Oceanum, which will be built first on Arbitrum and aims to decentralize AI workloads.

The project features a feature that allows users to run verification and data nodes through mobile devices, providing storage and computing resources for the layer, thereby turning users' mobile devices and digital footprints into liquid assets. This round of financing will be used to expand its Web3 smart layer to multiple L1 and L2 blockchains.