Nous Research has successfully closed a $50 million Series A funding round, led by Paradigm, which values the company at $1 billion. This investment will facilitate the launch of a decentralized AI training system on the Solana blockchain.
The funding indicates a significant trend towards decentralized AI frameworks, which could reshape the AI model training landscape. The startup aims to utilize blockchain technology for enhanced coordination and incentive mechanisms.
The backing from Paradigm highlights the investment potential in the intersection of blockchain and AI, with support from notable entities within the AI community.
Full story here: https://coincu.com/334391-nous-research-50m-series-a
