Akave raises $6.65 million to launch decentralized cloud storage platform for AI.

PANews reported on March 2nd, citing Business Wire, that enterprise cloud infrastructure company Akave announced the completion of a $6.65 million funding round and officially launched Akave Cloud, an S3-compatible decentralized storage product. Akave Cloud boasts a uniform price of $14.99/TB/month, zero bandwidth fees, and vendor lock-in-free operation. Running on its dedicated Avalanche Layer 1 public blockchain, Akave Cloud offers verifiable auditing, on-chain programmable access control, and long-term archiving to the Filecoin network, supporting data and AI/analysis workloads such as Snowflake and Apache Iceberg. Currently, organizations including Intuizi, LaserSETI, 375ai, and Skymapper have integrated with the platform for scenarios such as advertising data analysis, astronomical observation data storage, and AI training data management.