Paradigm, a major venture capital firm, is investing nearly $50 million in Nous Research, a Solana-based AI startup. This investment values Nous Research at a billion dollars.
Decentralized AI Training
Nous Research is taking a unique approach to AI. Instead of using massive, centralized data centers for training its language models, they plan to use spare computing power from around the world. This decentralized approach aims to compete with giants like OpenAI and DeepSeek.
A Crypto-Powered Approach
Co-founder Karan Malhotra explained that this decentralized training is made possible by leveraging cryptocurrency’s incentive mechanisms. Users will essentially be paid for contributing their unused computing power, making it a transaction rather than a donation. Malhotra emphasized that while they’re using blockchain technology, they’re primarily focused on serious AI research.
The Future of Nous Research
While Nous Research is building on the Solana blockchain, there’s no set launch date for their AI training product yet. They’re still deciding whether to offer rewards in Solana (SOL).