Bittensor ecological infrastructure project General Tensor (formerly known as General TAO Ventures) has completed an oversubscribed seed round and pre-seed round financing, totaling $5 million. The seed round was led by Good Morning Holdings, supported by Goldman Sachs, while the pre-seed round was led by Lvna Capital in December 2024, with participation from Digital Currency Group (DCG), X Ventures, Proof of Talk, and Outliers Fund.
General Tensor was established in early 2024, focusing on building mining, validation, and subnet operation infrastructure for the decentralized AI network Bittensor.
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Global markets delivered mixed signals. Bitcoin and Ethereum strengthened as institutional flows into spot ETFs supported a recovery in crypto risk appetite, while the Robinhood ecosystem and NFT sector also remained active. In technology, NVIDIA continued to weaken ahead of its earnings release, with investors focused on AI returns, customer capital expenditure, and order execution. PDD Holdings saw significant volatility after reporting results, while Applied Optoelectronics came under pressure following its large equity financing announcement. Investors are also awaiting new rate-path signals from the Jackson Hole Economic Symposium.









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