OpenGradient: Revolutionizing Decentralized AI Infrastructure
About OpenGradient
OpenGradient
Building the First Decentralized Platform for AI Model Hosting, Secure Inference, and Application Deployment on-Chain
OpenGradient, a leading decentralized AI infrastructure company, has raised $8.5M in seed funding. With a mission to accelerate open-source AI, OpenGradient democratizes model ownership, streamlines AI deployment, and enables universal access to AI.
OpenGradient’s End-to-End Decentralized Platform
OpenGradient’s platform offers scalable AI compute on-chain, ensuring verifiability and attribution while enhancing security for AI deployment and hosting. Its multi-layer technology stack includes an EVM-compatible blockchain with its innovative heterogeneous AI compute architecture (HACA) and a proprietary library of feature-rich tools to support and scale secure AI workflows on-chain.
OpenGradient’s Decentralized Platform for Developers
OpenGradient empowers developers to build and deploy optimized decentralized applications (dApps) with ease. OpenGradient’s web portal and SDK allow Web2 developers to leverage its AI stack without the complexities of blockchain while enjoying the security and composability benefits of a decentralized infrastructure.
Quotes from OpenGradient’s CEO and Co-Founder
“Developers today face significant hurdles when developing secure software for custom AI models, often grappling with developing a variety of complex cryptographic or hardware solutions into their stack. OpenGradient revolutionizes this approach, offering near-instantaneous model deployment and secure inference of AI models in mere seconds.” – Matthew Wang, CEO and Co-Founder
Seed Funding and Partnerships
The $8.5 million seed round included participation from a16z Crypto Startup Accelerator (a16z CSX), SV Angel, Coinbase Ventures, SALT Fund, Symbolic Capital, Foresight Ventures, and angel investors, including Balaji Srinivasan (ex-Coinbase CTO), Illia Polosukhin (NEAR Founder), Sandeep Nailwal (Polygon Founder), and more. OpenGradient is also currently participating in the Fall 2024 a16z CSX program in New York City.
Quotes from SV Angel’s Principal
“OpenGradient is ushering in a new era for decentralized AI by developing infrastructure to support the next generation of intelligent applications. They’ve built a truly disruptive tech stack at the intersection of AI and blockchain, and we’re excited to support such an innovative and talented team.” – Mike Liu, Principal at SV Angel
Future Plans and Milestones
The funding will be used to continue building out the decentralized infrastructure, deploying solutions and tools for AI and Web3 developers, and advancing applied ML research to grow the open-source AI ecosystem on blockchain. OpenGradient’s testnet is expected to be available to developers in Q4 2024.
Conclusion
OpenGradient’s revolutionary decentralized AI infrastructure aims to democratize model ownership, streamline AI deployment, and enable universal access to AI. With its impressive seed funding and partnerships, OpenGradient is poised to disrupt the AI landscape and pave the way for the next generation of intelligent applications.
FAQs
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What is OpenGradient’s mission?
- Accelerate open-source AI and democratize model ownership.
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What is OpenGradient’s decentralized platform?
- A scalable AI compute platform on-chain, ensuring verifiability and attribution while enhancing security for AI deployment and hosting.
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Who participated in OpenGradient’s seed funding round?
- a16z Crypto Startup Accelerator (a16z CSX), SV Angel, Coinbase Ventures, SALT Fund, Symbolic Capital, Foresight Ventures, and angel investors.
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What are OpenGradient’s plans for the funding?
- Continue building out the decentralized infrastructure, deploying solutions and tools for AI and Web3 developers, and advancing applied ML research to grow the open-source AI ecosystem on blockchain.
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When will OpenGradient’s testnet be available?
- Q4 2024.
