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Term of service

YOTTA LABS, INC. TERMS OF SERVICE

Last Updated: November 18, 2024

Welcome to Yotta Labs! We’re excited to offer you decentralized AI computing and related services. Please carefully read these Terms of Service (the "Terms"), as they govern your use of our services and website. These Terms are a binding agreement between Yotta Labs, Inc., a Delaware corporation (“Yotta Labs,” “we,” “our,” or “us”) and you (“User,” “Customer,” or “you”).

By accessing or using Yotta Labs' services available at www.yottalabs.ai and related domains (the "Site"), you agree to these Terms, our Privacy Policy, and any supplemental terms or policies incorporated by reference. If you do not agree, please refrain from using our services.

1. Acceptance of Terms

When you create an account or use our services, you agree to be bound by these Terms.

  • Eligibility: By accessing our services, you represent and warrant that you are at least 18 years old or the legal age in your jurisdiction, and have the authority to enter into these Terms.
  • Amendments: Yotta Labs reserves the right to modify these Terms at any time. Updates will be posted to the Site, and changes will take effect 10 days after posting. Your continued use of our services following such updates constitutes your acceptance of the revised Terms.
  • Supplemental Terms: Additional terms may apply to specific features, services, or promotions. Such terms will be presented to you for acceptance when applicable and will form part of these Terms.

2. Scope of Services

Yotta Labs provides decentralized AI infrastructure solutions, enabling customers to:

  • Access GPU resources for AI inference, training, and fine-tuning.
  • Use cloud-based AI services for scalable and cost-efficient workloads.
  • Leverage serverless computing capabilities for AI models.

Service Availability: We strive to provide uninterrupted access but cannot guarantee continuous uptime. Scheduled maintenance or unforeseen disruptions may temporarily affect service availability.

Modifications: Yotta Labs reserves the right to modify or discontinue any part of our services, with or without prior notice. Such changes may include introducing new features, updating pricing structures, or discontinuing legacy services.

3. Account Creation and Security

To use our services, you must create an account by providing accurate and up-to-date information.

  • Account Responsibility: You are responsible for maintaining the confidentiality of your login credentials. You agree not to share your account information with third parties or allow unauthorized access.
  • Unauthorized Use: If you suspect unauthorized use of your account, notify us immediately at contact**@**yottalabs.ai.
  • Account Suspension: We reserve the right to suspend or terminate accounts that violate these Terms or are involved in unauthorized activities.

4. User Content

Users may upload, generate, or share content ("Content") on the platform.

  • Ownership: You retain ownership of any Content you create. By submitting Content, you grant Yotta Labs a non-exclusive, royalty-free, worldwide license to use, process, and host it solely for service delivery and improvement.
  • Content Standards: You represent and warrant that your Content:
    • Does not infringe on third-party intellectual property rights.
    • Complies with applicable laws and our Acceptable Use Policy.
    • Is accurate, truthful, and not misleading.
  • Removal of Content: Yotta Labs may remove Content that violates these Terms or is deemed inappropriate.

5. Third-Party Tools and Links

Our platform may include third-party tools, integrations, or links to external websites.

  • No Endorsement: Yotta Labs does not endorse or guarantee the accuracy, reliability, or safety of third-party content.
  • User Responsibility: Your interactions with third-party tools or services are at your own risk. We recommend reviewing their respective terms and privacy policies before use.

6. Intellectual Property

Yotta Labs owns all intellectual property rights related to our Site, services, and associated materials, including but not limited to software, design, logos, and branding.

  • Restrictions: You may not copy, modify, distribute, or create derivative works of Yotta Labs' intellectual property without prior written consent.
  • Feedback: By submitting suggestions or feedback, you grant us a perpetual, irrevocable, royalty-free license to use and incorporate your ideas into our services without compensation.

7. Payment and Fees

Yotta Labs offers usage-based pricing for our services, with details available on our Site.

  • Payment Obligations: You agree to pay all fees associated with your account in accordance with the applicable pricing schedule. Payments are due as specified in your invoice or billing cycle.
  • Taxes: You are responsible for any taxes, duties, or fees associated with your use of the services.
  • Refund Policy: Refunds are issued only under specific conditions outlined in our Refund Policy. All other transactions are final.

8. Data Protection and Privacy

Your use of our services is subject to our Privacy Policy, which outlines how we collect, store, and use your data.

  • Data Security: While we employ industry-standard measures to protect your information, you acknowledge that no system is completely secure.
  • Data Retention: We retain data in accordance with our data retention policy. Upon account termination, some information may remain archived to comply with legal obligations.

9. Service Termination

You may terminate your account at any time by contacting us at [email protected].

  • Termination by Yotta Labs: We may suspend or terminate accounts for violations of these Terms, inactivity, or other reasons at our sole discretion.
  • Data Handling: Upon termination, we may delete your Content and data. However, we may retain certain information as required by law or for legitimate business purposes.

10. Disclaimers

No Warranties: Yotta Labs provides its services "as is" and "as available," without warranties of any kind. This includes but is not limited to implied warranties of merchantability, fitness for a particular purpose, or non-infringement. Service Limitations: We do not guarantee that the services will be error-free, secure, or uninterrupted. You acknowledge that occasional disruptions may occur.

11. Limitation of Liability

To the fullest extent permitted by law, Yotta Labs is not liable for:

  • Indirect, incidental, or consequential damages.
  • Loss of data, profits, or revenue.
  • Damages exceeding the amount you paid us in the 12 months preceding the claim.

12. Indemnification

You agree to defend, indemnify, and hold harmless Yotta Labs, its affiliates, and employees from any claims, damages, or expenses arising out of your:

  • Violation of these Terms.
  • Use of the services.
  • Infringement of any third-party rights.

13. Governing Law and Dispute Resolution

These Terms are governed by the laws of the State of Delaware.

  • Arbitration: Any disputes will be resolved through binding arbitration in accordance with the rules of the American Arbitration Association.
  • Venue: If arbitration is unavailable, disputes will be resolved in state or federal courts located in Delaware.

14. Changes to Terms

We may update these Terms periodically. Significant changes will be communicated via email or posted on our Site. Continued use of our services constitutes acceptance of the updated Terms.

15. Contact Us

For questions or concerns regarding these Terms, please contact us at: Yotta Labs, Inc. Email: [email protected]