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Gate Square New & Returning Creator Rewards are ongoing!
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AlphaTON invests $46 million in a computing power protocol to expand the Telegram native AI platform Cocoon AI
CoinVoice has learned that TON token treasury company AlphaTON Capital Corp has signed a $46 million computing infrastructure agreement to purchase 576 NVIDIA B300 chips to expand the decentralized Telegram native AI platform Cocoon. This deal includes $4 million in cash, $32.7 million in financing, and $9.3 million in equity.
Cocoon is built on the TON blockchain, allowing users to rent out GPU processing platform demand and earn Toncoin rewards. It is positioned as a privacy-focused decentralized AI alternative, different from large tech platforms like Google Gemini or OpenAI ChatGPT. The chips are expected to be delivered in February.