PANews reported on January 10 that AI payment infrastructure Nevermined announced the completion of a $4 million seed funding round, led by Generative Ventures, with participation from Polymorphic Capital, Halo Capital, and Arca.
According to reports, Nevermined is building decentralized financial infrastructure for commercial interactions between artificial intelligence. Its protocol turns AI interactions into permissionless economic transactions, just as PayPal turned every webpage into a storefront. It aims to make every AI agent a sovereign economic participant that can price its services.