Decentralized AI project Gradient completes $10 million seed round funding, led by Pantera and Multicoin

Foresight News reports that Gradient Network, a decentralized AI infrastructure project, has announced the completion of a $10 million seed round financing. This round of financing is led by Pantera Capital and Multicoin Capital, with participation from HSG (formerly Sequoia China) and several angel investors and advisors from AI, cryptocurrency, and other fields. This financing will accelerate the development and implementation of its core infrastructure agreement. Gradient will launch a decentralized AI driven by the participation of a large number of users. This week, Gradient will lead the launch of two core protocols: the decentralized data communication protocol Lattica, which builds an open and flexible intelligent data flow network; Parallax, a decentralized inference engine, supports disassembling large models and implementing distributed operation in heterogeneous device networks.