In July 2023, a relatively new project called Giza announced a $3 million pre-seed funding round led by CoinFund with participation from StarkWare, TA Ventures, and other investors. Founded in October 2022 by Cem Dagdelen, Fran Algaba, and Renç Korzay, Giza is building infrastructure to bring artificial intelligence models on-chain using zero-knowledge proofs, a concept known as zero-knowledge machine learning or zkML. With the crypto market capitalization exceeding $1 trillion and AI dominating technology discourse, Giza’s approach to combining these two transformative technologies merits careful examination.
The Agentic Protocol
Giza positions itself as an infrastructure layer that enables AI models to be verified and executed within blockchain smart contracts. The core innovation lies in using zero-knowledge proofs to create mathematical guarantees that a specific AI model produced a specific output, without revealing the model’s proprietary weights or requiring trust in any centralized operator. This is significant because it addresses one of the fundamental challenges of integrating AI with blockchain: how to ensure that AI outputs used in smart contract execution are trustworthy.
The protocol envisions a future where autonomous AI agents can operate on-chain, making decisions about asset allocation, risk assessment, and trading strategies with cryptographic proof that their computations are correct. These agents would not need to be trusted because their outputs would be mathematically verifiable through zero-knowledge proofs. This trustless execution model aligns with the core ethos of decentralized systems.
Neural Network Integration
The technical architecture of Giza revolves around translating neural network computations into zero-knowledge circuits. Traditional AI models operate on floating-point arithmetic with complex operations like matrix multiplications, activation functions, and gradient computations. Zero-knowledge proof systems, however, operate on finite field arithmetic and require computations to be expressed as arithmetic circuits.
Giza’s technology bridges this gap by developing compilers and optimization tools that can convert standard machine learning models into zk-friendly representations. The company is leveraging StarkWare’s STARK proving system, which offers scalability advantages for complex computations. The challenge is substantial: each inference through a neural network requires thousands of arithmetic operations, and generating a zero-knowledge proof for all of them adds significant computational overhead.
Current performance benchmarks suggest that generating proofs for simple models is feasible but that complex models with millions of parameters remain computationally prohibitive. Giza will need to achieve significant optimizations in proof generation time and cost to make zkML practical for production use cases.
Token Utility
While full tokenomics details had not been released at the time of the funding announcement, the Giza protocol is expected to feature a utility token that governs access to the zkML infrastructure. Potential token functions include paying for proof generation services, staking by node operators who provide computational resources, and governance participation for protocol upgrades and parameter changes.
The token model will need to balance several competing demands. Proof generation is computationally expensive, and node operators must be adequately incentivized. Users of the protocol, including DeFi applications integrating AI models, need predictable and affordable pricing. The governance structure must prevent centralization while ensuring the protocol can evolve quickly enough to keep pace with rapid developments in both AI and zero-knowledge proof technology.
Potential Bottlenecks
Several significant challenges stand between Giza’s vision and widespread adoption. The computational cost of generating zero-knowledge proofs for AI model inference remains the primary bottleneck. Even with StarkWare’s optimized proving system, the overhead of converting neural network operations into zk-friendly circuits is substantial. For context, a simple image classification model that takes milliseconds to run on a GPU could require minutes or even hours to generate a corresponding zero-knowledge proof.
The limited on-chain compute environment of current blockchain platforms presents another challenge. Smart contracts on Ethereum and even layer-2 networks like StarkNet have strict computational limits. Verifying complex zero-knowledge proofs on-chain requires significant gas, which could make frequent AI inferences economically impractical at current fee levels.
Additionally, the competitive landscape is evolving rapidly. Other projects are exploring alternative approaches to AI-blockchain integration, including optimistic verification schemes, trusted execution environments, and decentralized oracle networks that can relay AI outputs on-chain without requiring zero-knowledge proofs. Giza must demonstrate that the security guarantees of zkML justify its computational overhead compared to these alternatives.
Final Verdict
Giza represents one of the most technically ambitious projects at the intersection of AI and blockchain. The concept of verifiable AI through zero-knowledge proofs is intellectually compelling and addresses a genuine need for trustless AI execution in decentralized systems. The backing from CoinFund and StarkWare provides credibility and access to critical infrastructure technology.
However, the project remains in its earliest stages, with the core technology facing significant scalability challenges. Investors and developers should watch for progress on proof generation optimization, demonstration of practical use cases with reasonable cost structures, and adoption by DeFi protocols seeking to integrate AI-driven features. The $3 million pre-seed round provides runway for development but is modest compared to the scale of the technical challenges ahead. Giza is a project to monitor closely, but one that carries substantial execution risk alongside its considerable potential.
Disclaimer: This article is for informational purposes only and does not constitute financial or investment advice. Always conduct your own research before making any investment decisions.
$3M pre-seed for zkML verification is actually reasonable. proving ML inference on-chain is one of the few real AI+crypto use cases imo
the challenge is compute cost. generating a ZK proof for even a small neural network is expensive. wonder how they handle that
StarkWare solved a lot of the compute overhead with their recursion approach. if Giza can piggyback on that infrastructure the cost problem becomes manageable
proving ML inference is useful but generating the proof takes longer than just running the model. the latency tradeoff is brutal right now
zk_mesh the latency issue is real but recursive proofs are getting faster. plonky2 cut proof generation by like 10x for small models. giza picked the right time to build
agree on zkML being real but $3M pre-seed is basically ramen money for something this ambitious. they will need a proper Series A to actually ship production grade proofs
Sofia R. ramen money is right. inference costs for even a 7B model through ZK circuits would bankrupt them before series A unless they find a major breakthrough
Sofia R. 3M is literally one ML engineers salary for 18 months. this project lives or dies on whether they can raise a series A in 2024
StarkWare participating is a good signal. They know ZK better than almost anyone in the space right now.
3M pre seed with StarkWare backing is actually a strong signal. StarkWare does not invest in things they dont think can leverage their stack
$3M pre-seed for zkML when most AI crypto projects were just slapping GPT wrappers on tokens. at least giza is trying something technically hard
zkML proofs for anything bigger than a logistic regression take minutes to generate. we are years away from real model inference on chain
founded october 2022 and raising by july 2023. the speed from idea to funding tells you how hot the AI+crypto narrative was. whether the tech catches up is a different question