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AIThe DefiantFiled 24 h ago

MEGA Pledges $30 Million for Products, Starting With AI

Open the sourceReported by The Defiant, thedefiant.io, 10 November 2026, by The Defiant Team

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MEGA has committed $30 million from its existing treasury to product development, beginning with an AI inference marketplace slated for December, according to co-founder Shuyao Kong. The pledge signals the protocol's pivot toward AI-related infrastructure, though the announcement did not specify token prices, TVL, trading volumes, or market cap figures. The inference marketplace would position MEGA in the emerging sector of decentralized AI compute, where demand for model-serving capacity has been growing. How the treasury allocation affects MEGA's runway and whether the December launch stays on schedule are the key items to watch.

Muhabbit's AI wrote this summary in its own words from The Defiant's report. It can get details wrong, so check the source.

Named in this story

MEGA, Shuyao Kong