🎉 Hyperbolic Labs has just secured $20.00M in its funding rounds! 🎉
🔹About: Hyperbolic Labs is an innovative Web3 AI cloud startup focused on providing open access to AI computing and inference services. Hyperbolic Labs recently raised $20 million in funding, with contributions from prominent investors like Polychain Capital and Variant Fund. The project aims to create an "AI Rainforest", an ecosystem where users can access and benefit from collectively governed AI infrastructure, services, and models. Hyperbolic Labs utilizes a unique Proof of Sampling (PoSP) protocol to ensure data privacy and cost-effectiveness. The platform also plans to launch its own blockchain in 2025, further bridging the gap between Web3 and AI technologies. With a focus on affordability, scalability, and security, Hyperbolic Labs is set to revolutionize the AI and blockchain industries. 🚀🌐
🔹 Lead Investors: Polychain Capital, Balaji Srinivasan, Variant, Faction, Wintermute, Sandeep Nailwal and many more.
🔹 Total Raised: $20.00M.
🔹 Project Category: AI, Cloud Services, Web3.
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