Decentralized AI startup Nous Research has secured $50 million in a Series A funding round led by crypto venture capital firm Paradigm. The investment values Nous Research at $1 billion based on token valuation. The company operates on the Solana blockchain, leveraging its infrastructure to coordinate global compute resources for distributed training of open-source large AI models. Nous Research focuses on developing human-centric language models and simulators, aiming to disrupt traditional AI labs with decentralized, open-source solutions. Paradigm's investment marks its largest bet at the intersection of blockchain and artificial intelligence. The funding round reflects growing investor interest in combining blockchain technology with AI development. This is an AI-generated article powered by DeepNewz, curated by The Defiant. For more information, including article sources, visit DeepNewz . To continue reading this as well as other DeFi and Web3 news, visit us at thedefiant.io
