LONDON: Tiger Royalties and Investments Plc (AIM: TIG) has announced a strategic move into the decentralized artificial intelligence sector with a £250,000 equity investment in Tao Strategies Singapore. The company, known for incubating technology and mining projects, signed a Letter of Intent (LOI) to support Tao Strategies, which operates miner and validator nodes on the Bittensor network.
Bittensor, an open-source, proof-of-stake blockchain, enables a global marketplace for machine-learning models while rewarding participants with TAO tokens based on their contributions. Tiger’s investment aligns with its broader TAO Strategy, which seeks to build a diversified portfolio across the Bittensor ecosystem.
“The partnership with Tao Strategies places Tiger at the forefront of the democratization of intelligence, redefining how it is created and exchanged,” the company said in a statement.
Key Details
– £250,000 Initial Commitment: The funding will accelerate Tao Strategies’ subnode deployment and research into AI models.
– Alignment with AI and Crypto Vision: Tiger’s investment supports infrastructure designed to make cutting-edge AI more accessible and incentive-driven.
Tiger CEO Jonathan Bixby described the company’s TAO Strategy as a “perfect convergence of our expertise in utility tokens, emerging technologies, and AI-driven innovation.”
“Bittensor represents a generational shift, an open, borderless network where anyone can contribute to and benefit from advances in artificial intelligence,” Bixby said.
Olivia Edwards, founder of Tao Strategies Singapore, emphasized the partnership’s significance in strengthening the Bittensor network.
“Tiger’s support will help us scale validator and miner operations quickly, ensuring greater resilience and performance,” Edwards said. “Together, we’re advancing a future where AI development is distributed rather than concentrated within a single entity.”
The investment marks Tiger’s first entry into the decentralized AI sector as it seeks to expand its presence in blockchain-driven intelligence solutions.