GaiaNet Secures $10M to Build a Decentralized Network for Open Source LLM and AI Agent, Challenging Centralized AI Giants
The project stands to revolutionize how data is accessed, utilized, and secured, boldly challenging the centralized industry giants that have dominated the AI lifecycle
SAN FRANCISCO, CA, May 28, 2024 — Today, GaiaNet , a pioneering, new AI infrastructure project that aims to decentralize current AI agent softwares, announced it has raised a $10 million Series Seed Round funding, with key strategic advisors that include 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.
GaiaNet is a distributed AI infrastructure that aims to decentralize the current AI agent softwares, paving the way for a new era of decentralized AI interaction and application. Instead of setting up centralized servers, GaiaNet 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.
In this phase, the project targets outstanding issues in various industries, including higher education, specifically addressing the shortage of teaching assistants in high-enrollment courses such as entry-level computer science and engineering. GaiaNet allows the creation of a personalized AI chatbot adept at responding and catering to queries from students with various backgrounds and expertise in its distributed and decentralized network.
“Our mission with GaiaNet is to redefine
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