Decentralized AI startup Nous Research has secured $50 million in a Series A funding round led by crypto venture giant Paradigm, making it one of the largest investments at the intersection of blockchain and artificial intelligence. The funding values Nous at a $1 billion token valuation, with previous investors including Distributed Global, North Island Ventures, and Delphi Digital. Founded in 2022, Nous Research aims to develop open-source AI models using decentralized infrastructure on the Solana blockchain. Unlike traditional crypto-AI projects, Nous enables global participation in AI training by leveraging idle computing power. The team plans to use the new capital to scale compute resources and advance research, including pre-training a 15-billion-parameter LLM in a decentralized manner. Paradigm's involvement highlights the growing interest in AI within the crypto venture space, with the firm being recognized as a top-performing crypto VC in recent years. Read more AI-generated news on: https://app.chaingpt.org/news

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