ArenaX Labs secures a noteworthy $6 million in funding to propel its mission of merging gaming and AI education. The studio, known for AI Arena, plans to use the capital to expand its PvP platform fighter and venture into similar titles.
AI Arena, set for a beta launch early this year, offers users a unique experience, allowing them to train their own AI-powered character, with battle outcomes hinging on their training proficiency. The game is not just about entertainment; it serves as a tool to deepen users' understanding of AI functionality and learning processes.
Wei Xie, co-founder of ArenaX Labs, emphasizes their commitment to democratizing AI education through engaging gaming experiences.
Adding to the narrative, Brandon Da Silva, ArenaX’s CEO and co-founder, highlights the significance of ownership and skill demonstration in AI Arena. He notes, 'One of the reasons we built the company was to give people who are really good at AI an opportunity to monetize their talent they might not otherwise have... This will give so many great opportunities to researchers because they can build models and prove they’re better than others, because our game is a competition.'
The funding round, led by Framework Ventures and featuring SevenX Ventures, FunPlus / Xterio, and Moore Strategic Ventures, attests to the transformative approach of ArenaX Labs in making AI education accessible and engaging. Michael Anderson, co-founder of Framework Ventures, applauds ArenaX for turning AI engagement into a profound learning experience. AI Arena is currently open for pre-registration, with a beta launch on the Arbitrum mainnet in the near future. As the studio paves the way for AI enthusiasts to showcase and monetize their talents, it marks a significant step towards reshaping the landscape of AI in gaming and education.