CryptoGPT, a Layer 2 network focused on AI, has completed a $10 million financing round at a valuation of $250 million, led by DWF Labs. CryptoGPT recently launched its Web3-focused AI assistant "Alex" and is developing its ZK Rollup-based Layer 2 blockchain and AI engine, which will collect, encrypt and transmit data for commercial applications. The new funds will be used to grow its development team globally and establish regional influence in the Asian market. (CoinDesk)