Venture Capital Firm Invests ~$50,000,000 in Solana-Based Decentralized AI Project: Report

A giant venture capital has been reported to be investing tens of million dollars in a Solana (SOL) project -based decentralized artificial intellectual (AI).
The Venture Capital Firm Paradigm is investing near $ 50 million at AI Startup Nous Research, a firm who specializes in language -centered models and AI research, which brings appreciation to the token up to $ 1 billion, Report Fate.
According to Fortune, Nous Research plans to use artificial intelligence to train its open language sources as a way of eventually competing with leading AI companies, such as Openai and Deepseek.
However, a difference in the firm's approach compared to the traditional one Nous wants to train AI models in a decentralized way, using spare computing capacity from around the world, rather than training their models in a central data center.
Nous Research co-founder Karan Malhotra told Fortune that he, in collaboration with a former member of the Founding Openai team, created a technique that would allow the training of AI models in a way.
As Malhotra said to fate,
“We think of the incentive mechanism behind the crypto to push people to actually use their idle compute [of] Less as a donation but more as a transaction …
We do not want to get the kind of bogged down of traditional view of how crypto operates when we are a very serious research lab and a academic lab. This is really the only way we can do a massive training run and a democratic thing is possible. “
Although Nous chose to build at the top of the wise contract platform, there was no timeline provided when the AI training product would live. The firm is still deciding whether to give SOL rewards.
Follow us at X, Facebook and Telegram
Do not miss a Beat – Subscribe to get email alerts delivered directly to your inbox
Check price action
Surf with the sun -day hodl mix
& nbsp

Denial: Opinions expressed in Daily Hodl are not investment advice. Investors should do their appropriate hard work before making any investments at high risk to bitcoin, cryptocurrency or digital assets. Please advise that your transfers and trading are at your own risk, and any losses you can achieve is your responsibility. Daily Hodl does not recommend buying or selling any cryptocurrencies or digital assets, or the sun -day hodl an investment advisor. Please note that the day -to -day hodl participates in affiliate marketing.
Formed image: midjourney