According to TechFlow, on October 9, the decentralized open source AI platform OpenGradient announced the completion of a seed round of financing of US$8.5 million. This round of financing was participated by a16z Crypto Startup Accelerator (a16z CSX), Foresight Ventures, SV Angel, Coinbase Ventures, SALT Fund and Symbolic Capital. In addition, well-known industry figures such as former Coinbase CTO Balaji Srinivasan, NEAR founder Illia Polosukhin and Polygon founder Sandeep Nailwal also participated as angel investors.

OpenGradient is committed to accelerating the development of open source artificial intelligence by democratizing model ownership, simplifying the AI ​​deployment process, and ensuring the popularization of cutting-edge AI technologies. The platform uses an innovative multi-layer technology stack, including an EVM-compatible blockchain and a proprietary heterogeneous AI computing architecture (HACA), designed to provide scalable on-chain AI computing capabilities while ensuring the verifiability, attribution, and security of AI deployment and hosting.