According to Foresight News, open-source AI company Nous Research has announced the launch of its decentralized AI training network, Psyche. This initiative aims to aggregate global computing resources to train advanced AI models. The Psyche test network went live today and will pre-train a large language model with 40 billion parameters, laying the groundwork for future open scientific research.
Previously, Foresight News reported, citing Fortune, that Paradigm invested $50 million in Nous Research, valuing the company at $1 billion in tokens.