The decentralized open-source AI platform OpenGradient has completed a $8.5 million seed round of financing, with participation from a16z CSX and others

ChainCatcher news, the decentralized open-source AI platform OpenGradient has announced the completion of a $8.5 million seed round financing. This round of financing was participated by a16z Crypto Startup Accelerator (a16z CSX), Foresight Ventures, SV Angel, Coinbase Ventures, SALT Fund, and Symbolic Capital. Notable industry figures such as former Coinbase CTO Balaji Srinivasan, NEAR founder Illia Polosukhin, and Polygon founder Sandeep Nailwal also participated as angel investors.

It is reported that OpenGradient is committed to accelerating the development of open-source artificial intelligence, providing scalable on-chain AI computing capabilities while ensuring the verifiability, attribution, and security of AI deployment and hosting.