GaiaNet, a San Francisco, CA-based company advancing an AI infrastructure project that aims to decentralize current AI agent software, raised $10M in Seed funding.
Backers included Generative Ventures’s Lex Sokolin, Republic Capital’s Brian Johnson, 7RIDGE’s Shawn Ng, Kishore Bhatia, EVM Capital, Mirana Ventures, Mantle EcoFund and ByteTrade Lab.
The company intends to use the funds to support the development of new AI training models for developers and private data holders.
Led by CEO Matt Wright, GaiaNet is a distributed AI infrastructure that aims to decentralize current AI agent software. It is harnessing a distributed network of edge nodes, controlled by individuals and businesses, to host AI models based on their proprietary domain knowledge and expertise. In this model, each GiaiaNet node acts as an AI twin (agent) of a real-world expert or personality – such as a university teaching assistant, a crypto trader, or a customer service agent – performing skilled knowledge tasks on behalf of its creator or operator.
The launch of the testnet and software developer kit (SDK) on GaiaNet is scheduled for early Q3 2024 and product alpha testing already began in Q2 2024.
FinSMEs
29/05/2024