According to Fortune, decentralized AI startup Nous Research has completed a $50 million Series A funding round, led by Paradigm, valuing the company at $1 billion.
Nous Research plans to launch a decentralized training system on the Solana blockchain, using blockchain technology to achieve distributed AI model training. The company has previously raised approximately $20 million in seed funding from institutions such as Distributed Global, North Island Ventures, and Delphi Digital.
Nous Research co-founder Karan Malhotra stated that the company uses blockchain technology primarily for coordination and incentive mechanisms, allowing users to contribute idle computing power to AI model training. The system will initially permit users with data center access rights to participate, and the company is currently considering whether to issue a native token as a reward.
