According to Fortune magazine, decentralized AI startup Nous Research has completed a $50 million Series A funding round, led by Paradigm, valuing Nous' token at $1 billion. Previously, the company had raised approximately $20 million through seed round financing, with investors including Distributed Global, North Island Ventures, Delphi Digital, and other institutions. The funds raised this time will mainly be used to enhance computing power reserves and expand the size of the research team. It is worth noting that this is Paradigm's largest investment in the AI field since the FTX explosion in 2022, marking the acceleration of cryptocurrency capital's layout in cutting-edge technology cross fields.
Nous was founded by a group of AI researchers in 2022, focusing on developing open-source big language models. The innovation lies in utilizing Solana blockchain to coordinate globally distributed computing resources, and encouraging users to contribute idle GPU computing power to participate in model training through incentive mechanisms. The Hermes series open-source models developed by the team have been recognized by the community and have collaborated with OpenAI founding member Diederik P. Kingma to publish multiple research papers.
