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Nous Research completed a $50 million Series A funding round, reaching a valuation of $1 billion.
Gate.io News bot message, according to a report by Fortune, the decentralized AI startup Nous Research has completed its Series A funding, raising $50 million, with crypto venture capital firm Paradigm as the lead investor. After this round of funding, the company's valuation has reached $1 billion.
Nous Research is coordinating global computing power resources using Solana blockchain technology, conducting open-source large model training in a distributed manner. The company is preparing to launch a Decentralization training system to promote the democratization of AI model training.