Exabits (XBIT)

Exabits is not just a player in the AI industry but a fundamental component. We supply GPUs and technologies to compute marketplaces, and serve a wide range of AI companies to address the growing computing demand.

Pre-Seed Round: N/A

Seed Round: $15M

Strategic Round: $5M

Whitepaper

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What is Exabits

Exabits tokenizes GPUs with the goal of decentralizing computing, which it calls "the currency of the digital age." Lee said GPU compute performance has far outpaced traditional assets like bitcoin and gold, highlighting the potential for further growth.

"AI's impact on the world is only scratching the surface, and we are excited to be at the forefront of this evolution, driving growth and market traction through the development of our advanced infrastructure and unique GPU tokenization model," Lee said.

Exabits' tokenization model offers direct exposure to GPU compute assets, creating a liquid market, generating revenue and rewarding token holders, Lee said. While its token is yet to launch, Exabits has already achieved significant revenue growth, according to Lee. Over the past year, Exabits' revenue has surged by an average of 300% per quarter, reaching $10 million in annual recurring revenue (ARR), he noted.