Decentralized AI Startup Nous Research has raised $ 50 million in a series of a cycle chaired by the crypto venture giant paradigbon, which has marked one of the biggest investments in the intersection of blockchain and artificial intelligence to this day.
According to one April 25 Report From Fortune, funding values appreciate a $ 1 billion appreciation of the token. Previous investors include distributed Global, North Island ventures, and Delphi Digital, which contributed to Nous’s earlier $ 20 million seeds.
Operating since 2022, Nous Research has stepped to attention with the latest fundraising to produce open sources of AI models enabled by decentralized infrastructure.
The company Leverages The Solana Blockchain To coordinate and inspect global participation in training in AI models, aimed at challenging centralized giants such as Openai and Deepseek.
Related: Angels from Citadel, Jane Street, JPMorgan returned to $ 20m to raise for TheO Network
Nous harnesses global idle compute power for AI training
Established by AI researchers, including cooperatives such as Diederik Kingma (Co-inventor of Adam Optimizer), Nous is taking a different approach from common crypto-Ai projects.
Instead of relying on centralized data centers, it allows individuals around the world to contribute to the unemployed computing power for AI training.
Blockchain technology is undergoing this model, ensuring safe, accidental participation while alleviating risks such as data poisoning through features such as Byzantine Fault Tolerance.
“We come from a thought that we want to create and serve the best AI in the world,” co-founder Karan Malhotra told Fortune.
Each report, the 20-Person Team in Nous Research will allocate more of the new capital towards scaling compute resources and promotion of research.
In December 2024, nous said This beat venture pre-training a 15-billion-parameter LLM in a decentralized manner, development of livestreaming to show transparency and performance.
Meanwhile, paradigm background indicates a deepening of AI interest within crypto ventures.
“The open, community -focused strategy is a strong contrast to the closed, centralized effort from the incumbent lab,” Paradigma partner Arjun Balaji has been reported to be told The Outlet.
Related: Crypto users are cool with AI dabbling with their portfolios: Survey
Paradigm becomes top-performing crypto VC
Paradigm is one of the largest and most successful crypto venture capital companies.
In March, web3 data platform Kaito Ai ranked the paradigm as the leading Crypto VC performance last year, posting a wonderful 11.80%performance measurement, raising other major players such as Alliance (10.64%), Dragonfly (8.32%), A16z (6.94%) and multicoin (5.86%).
Fred Ehrsam of Coinbase and ex-sequoia partner Matt Huang founded, Paradigm has built a strong reputation for the prevention of high potential crypto projects in advance.
Its portfolio includes the lead Defi platform like uniswap (uni) and dydxAs well as the same backlash for Ethereum Solutions such as optimism.
Paradigbabin din Led a $ 255 million twist For Starknet, a major player in zero-knowledge rollup technology.
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