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Nous Research completed a $50 million Series A funding round, reaching a valuation of $1 billion.
Gate.io News bot, according to Fortune, decentralized AI startup Nous Research completed a Series A financing with a financing amount of $50 million, led by crypto venture capital Paradigm, and the company's valuation reached $1 billion after this round of financing.
Nous Research is utilizing Solana blockchain technology to coordinate global computing power resources, 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.
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