Gradient Network completes $10 million seed round financing, reshaping centralized AI infrastructure

BlockBeats News, June 17: Decentralized AI infrastructure project Gradient Network announced today that it has completed a $10 million seed funding round. This round was co-led by Pantera Capital and Multicoin Capital, with participation from HSG (formerly Sequoia China) and several prominent angel investors and advisors from the AI, crypto, and other cutting-edge fields.

Gradient is reshaping how artificial intelligence operates and collaborates by building a decentralized AI network driven by the collective participation of its user base. This funding will accelerate the research and deployment of its core infrastructure protocols. It is reported that Gradient will roll out two of its core protocols this week: Lattica—a decentralized data communication protocol designed to create an open and resilient intelligent data flow network; and Parallax—a decentralized inference engine that enables large models to be dissected and distributed for operation across heterogeneous device networks.