GaiaNet (GAIA) Raises $10M to Revolutionize AI with Decentralized Network for Open Source LLMs, Taking on Centralized Giants

  • GaiaNet, a pioneering AI infrastructure project, has raised $10 million to build a decentralized network for open-source LLM and AI agents.
  • This initiative aims to challenge centralized AI giants by decentralizing AI agent software and utilizing a distributed network of edge nodes.
  • “Our mission with GaiaNet is to redefine the way humans and AI engage and to enable sovereign infrastructure for interacting with AI,” said Matt Wright, CEO of GaiaNet.

GaiaNet secures $10M to build a decentralized network for AI, challenging centralized giants.

GaiaNet’s Vision for Decentralized AI Infrastructure

GaiaNet aims to decentralize current AI agent software by leveraging a distributed network of edge nodes. These nodes, controlled by individuals and businesses, host AI models based on proprietary domain knowledge. Each GaiaNet node acts as an AI twin of a real-world expert, performing skilled tasks on behalf of its creator. This model addresses issues in various industries, including higher education, by creating personalized AI chatbots to assist students.

Strategic Partnerships and Industry Impact

GaiaNet has already partnered with the University of California, Berkeley, to introduce decentralized AI TA technology into more Computer Science and STEM courses. This partnership aims to enhance educational accessibility and serves as a precursor for the application of decentralized AI across diverse sectors. The initiative also aims to create a distributed network of GenAI Agents that are not controlled by a centralized entity.

Funding and Future Developments

The $10 million funding will support the development of new AI training models and increase the number of network nodes. These nodes have the potential to rival the AI capability of ChatGPT 3.5 and beyond. GaiaNet’s distributed network opens up endless possibilities for users and developers to collaborate with AI agents, challenging the dominance of centralized AI servers.

Conclusion

GaiaNet is set to revolutionize the AI industry by decentralizing AI agent software and challenging centralized giants. With strategic partnerships and significant funding, GaiaNet aims to make high-quality education more accessible and efficient while fostering innovation in AI technology. The launch of the testnet and SDK is scheduled for early Q3 2024, marking a significant step towards a decentralized AI future.

Don't forget to enable notifications for our Twitter account and Telegram channel to stay informed about the latest cryptocurrency news.

BREAKING NEWS

Bitcoin Dominance Drops to 57.35%, Nearing 2025 Low as Matrixport Signals Altseason

COINOTAG reported on September 13 that market data shows...

HIFI Liquidations Exceed $30.48M Ahead of Binance Delist Sept 17 as Token Surges 945%

COINOTAG reported on September 13, citing Coinglass data that...

Alex Thorn Says U.S. Likely to Create Strategic Bitcoin Reserve This Year

According to Cointelegraph, Galaxy Digital Global Head of Research...

Ethereum Leads Upbit KRW Market Amid 12.6% Volume Drop to $28.04B; ETH/KRW Commands 11.79% Share

COINOTAG News on September 13, citing CoinGecko data, reports...

Bitcoin: US Spot ETFs Post $23.239B Net Inflow This Week — IBIT +$10.369B, FBTC +$8.496B

COINOTAG News (Sept. 13), citing Farside Investors monitoring, reported...
spot_imgspot_imgspot_img

Related Articles

spot_imgspot_imgspot_imgspot_img

Popular Categories

spot_imgspot_imgspot_img