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ArenaX Labs, the creators of AI Arena, recently secured $6 million in their latest funding round. They plan to use this money to expand their PvP platform fighter and develop similar games. The company’s main goal is to teach players about AI through gaming.
AI Arena lets users train their own AI-powered characters for battles. The outcome of these battles depends on how well the player trains their character. The game, which is set for a beta release early this year, will be free-to-play and accessible via browsers. ArenaX is also planning a web3 version where users can compete for rewards. The main objective is to help users understand how AI works and learns.
Wei Xie, co-founder of ArenaX Labs, explained that their mission is to democratize AI education. They believe that AI is a significant technology of our time, but many people don’t truly understand it. Most people’s first exposure to AI is through interfaces like ChatGPT or Midjourney, which doesn’t equate to a deep understanding. ArenaX aims to educate and deliver a true appreciation for AI through gaming.
The funding round was led by Framework Ventures, with participation from SevenX Ventures, FunPlus/Xterio, and Moore Strategic Ventures. Michael Anderson, co-founder of Framework, commented that most people see AI as a novelty. However, ArenaX is changing this by creating products that help people start learning to train AI through play.
Brandon Da Silva, ArenaX’s CEO and co-founder, emphasized the importance of owning one’s AI and showcasing one’s skills. He mentioned that one reason they built the company was to give talented AI individuals a chance to monetize their skills. This platform offers researchers a way to build and prove their models in a competitive environment.
AI Arena is currently open for pre-registration, and the game’s beta launch on the Arbitrum mainnet is coming soon.