ArenaX Labs raises $6M to develop AI-powered games

ArenaX Labs, the studio behind AI Arena, announced today that it has raised $6 million in its latest round of funding. It plans to put this funding to use in building out the PvP platform fighter as well as developing similar titles. The company’s core mission, according to its founders, is to use gaming as a way of educating players on how to understand and work with AI.

AI Arena allows users to train their own AI-powered character to fight their battles, with the outcome of each fight determined by the player’s skill at said training. The game, which is planned for a beta launch early this year, will be free-to-play and run in browsers. ArenaX also plans for a web3 version for users to compete for rewards. However, the point of the title is more to help users understand how AI functions and learns.