Oblong Inc. Expands into Decentralized AI with $7 Million Investment in Bittensor's TAO Tokens

Reuters
Sep 10
Oblong Inc. Expands into Decentralized AI with $7 Million Investment in Bittensor's TAO Tokens

Oblong Inc., a digital asset treasury company, has announced a strategic shift towards the integration of artificial intelligence and blockchain technologies. In a letter to shareholders, CEO Pete Holst detailed the company's investment of $7 million into TAO, the token for the decentralized AI network Bittensor. Oblong now holds over 21,700 TAO tokens, actively staked to earn rewards and reinforce the network. This move signifies Oblong's commitment to leveraging cutting-edge technology for long-term value creation. The company is embracing the growth potential of Bittensor's subnets, which enhance the network's strength and value through collaborative innovation.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Oblong Inc. published the original content used to generate this news brief via Business Wire (Ref. ID: 20250910848175) on September 10, 2025, and is solely responsible for the information contained therein.

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