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The Block: MegaETH Foundation Rebrands to MEGA, Pledges $30M in Existing Funds for Product Development
According to The Block, the MegaETH Foundation has rebranded to MEGA and committed $30 million from its existing treasury to develop a suite of new products, with the first AI inference marketplace scheduled for launch in December. The team stated that the new products will run on MegaETH, while specific operations, available providers, and model details have yet to be disclosed. This is a commitment of existing funds and does not represent a new fundraising round or a live product launch.
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