Exclusive: Crypto VC giant Paradigm makes $50 million bet on decentralized AI startup Nous Research at $1 billion token valuation

Quick Summary:

Nous aims to compete with OpenAI and DeepSeek by training open-source through crypto incentives.

They also began to release research papers around extending the memory of models, which have been cited by Meta and DeepSeek, as well as proposals for training models with GPUs, or graphics processing units, the kind of computer processors used for AI applications, that are not colocated.

While most projects at the intersection of blockchain and AI have come from crypto-focused startups and struggled to find traction, Nous was founded by a group of AI researchers who decided to use blockchain technology for its coordination and incentive capabilities.

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Article Details

Author / Journalist: Leo Schwartz

Category: EconomyBusiness

Markets: United States

Topics: OpenAI Venture Capital A.I. Cryptocurrency

Source Website Secure: Yes (HTTPS)

News Sentiment: Positive

Fact Checked: Legitimate

Article Type: News Report

Published On: 2025-04-25 @ 11:40:00 (1 days ago)

News Timezone: GMT +8:00

News Source URL: fortune.com

Language: English

Article Length: 1000 words

Reading Time: 6 minutes read

Sentences: 5 lines

Sentence Length: 200 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © Fortune

News ID: 28207020

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Official Website: fortune.com

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Year Established: 1929

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