PermianLabs.xyz – Namecheap customer – (United States)
Innovators building at the intersection of AI and blockchain use .xyz domains to power the next generation of decentralized infrastructure. Decentralized AI innovator Valory.xyz develops tools for building and owning autonomous agents. Decentralized platform GetOro.xyz aims to empower individuals to contribute private data to AI development. AI platform SpectralLabs.xyz develops tools for creating and managing autonomous agents in the Onchain Agent Economy. In this week’s #AIMonday, we’ll introduce you to a company bridging blockchain and AI to finance the infrastructure that powers intelligent systems: PermianLabs.xyz.
PermianLabs.xyz is the online home of Permian Labs, a company that builds blockchain-based financial infrastructure to support the growth of artificial intelligence systems. The company has raised $38M from investors including Framework, Yzi Labs, DCG, Dragonfly.xyz, Ethereal, Nascent, Alliance, and Delphi. Since its founding in 2021, Permian Labs has facilitated $358M in loan volume and operates a hardware infrastructure arm, Tactical Compute, which manages $60M in compute-oriented equipment globally, as shared on PermianLabs.xyz. In October 2025, Permian Labs arranged a $500M blockchain-backed credit facility for QumulusAI through its USD.AI protocol, enabling the company to scale AI compute infrastructure using tokenized GPU collateral.1
According to the website, Permian Labs develops tools that bridge liquidity from digital assets to physical infrastructure supporting AI workloads. Its synthetic dollar protocol, USD.AI, is designed to finance AI-related equipment such as GPUs through a blockchain framework. The protocol functions similarly to a high-yield bond index tied to income-generating infrastructure. Through this system, Permian Labs aims to help organizations access capital more efficiently while contributing to the broader decentralization of AI compute resources. The company’s hardware arm, Tactical Compute, extends this model by operating and financing compute hardware globally, including a joint venture in Abu Dhabi structured as a mining corporation.
Permian Labs is founded by David Choi, Conor Moore, and Ivan Sergeev. As shared on LinkedIn, David has experience in investment banking at Deutsche Bank and early blockchain investing through Taureon, where he participated in projects such as Memeland, Ethena, and Chainflip. Conor previously worked in private equity at Rockpoint Group and in investment banking at Eastdil Secured and Deutsche Bank. Ivan has a background in hardware and FPGA engineering, with prior experience at DRW, Kumu Networks, and Nuand. Together, they bring backgrounds in finance, computing, and blockchain infrastructure.
By choosing PermianLabs.xyz, the company joins a growing network of innovators at the intersection of AI and blockchain using .xyz to establish their online presence. .XYZ provides a flexible and future-facing identity that aligns with Permian Labs’ focus on financing AI infrastructure and developing blockchain-based tools that connect digital capital to real-world computing power. You can learn more by following the company on X/Twitter and LinkedIn, and by visiting PermianLabs.xyz.
1.https://www.coindesk.com/business/2025/10/09/qumulusai-secures-usd500m-blockchain-backed-facility-to-scale-ai-compute-infrastructureXYZ is proud to share about the many incredible members that make up the XYZ community! We encourage you to do your own research before using the products and services of the websites we feature. The information about products and services contained in this blog post does not constitute endorsement or recommendation by XYZ.
