The OpenTensor Foundation stated in a post that the OTF team is working hard to ensure the security of TAO funds at risk before restoring the normal operation of the Bittensor chain. At the same time, anyone claiming to be able to retrieve TAO funds at risk from users other than the OTF team should be regarded as a fraudster.

Web3 and AI startup, Tensorplex Labs, has secured $3m in seed funding from investors including Canonical Crypto, Collab+Currency, Digital Currency Group, Quantstamp, and Amber Group. The funds will be used to expand the infrastructure for decentralized AI networks, which will integrate with DeFi applications. Tensorplex Labs is building foundational railways for open-source AI development and applications, including Tensorplex LST, a liquid staking solution for Decentralised AI Network tokens, and Stream, a showcase application that uses existing Bittensor Subnets to power consumer Web3 platforms.