Nous Research secures $50M from Paradigm to build decentralized AI on Solana

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Decentralized AI startup Nous Research has raised $50 million in a Series A round led by crypto venture giant Paradigm, marking one of the largest investments at the intersection of blockchain and artificial intelligence to date.

According to an April 25 report from Fortune, the funding round values Nous at a $1 billion token valuation. Previous investors include Distributed Global, North Island Ventures, and Delphi Digital, who contributed to Nous’s earlier $20 million seed rounds.

Operating since 2022, Nous Research is stepping into the spotlight…



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Nous Research secures $50M from Paradigm to build decentralized AI on Solana


Decentralized AI startup Nous Research has raised $50 million in a Series A round led by crypto venture giant Paradigm, marking one of the largest investments at the intersection of blockchain and artificial intelligence to date.

According to an April 25 report from Fortune, the funding round values Nous at a $1 billion token valuation. Previous investors include Distributed Global, North Island Ventures, and Delphi Digital, who contributed to Nous’s earlier $20 million seed rounds.

Operating since 2022, Nous Research is stepping into the spotlight…



Source link

Disclaimer

We strive to uphold the highest ethical standards in all of our reporting and coverage. We StartupNews.fyi want to be transparent with our readers about any potential conflicts of interest that may arise in our work. It’s possible that some of the investors we feature may have connections to other businesses, including competitors or companies we write about. However, we want to assure our readers that this will not have any impact on the integrity or impartiality of our reporting. We are committed to delivering accurate, unbiased news and information to our audience, and we will continue to uphold our ethics and principles in all of our work. Thank you for your trust and support.

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