The crypto industry has been fighting to get a piece of the red-hot artificial intelligence sector, but despite some hefty investments, blockchain companies have struggled to break through. That might finally be changing with Nous Research, a decentralized AI startup using the Solana blockchain as a key component in the process it uses to train its open-source models.
After operating mostly under the radar for two years, Nous is bursting onto the scene with a $50 million Series A round, financed almost entirely by the crypto venture giant Paradigm, which confirmed the funding amount to Fortune.
