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0.000144515631774176 0.00240859386290284 0.00052989064983869 0.00243267980153184 0.00313117202177372 0.00243267980153184 -0.00231225010838667 0.00679223469338598
Stock impact report

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

Coinbase Global, Inc. - 3Class A (COIN) 
US:NASDAQ Investor Relations: convertedorganic.com
Company Research Source: Fortune
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 on 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 The round values Nous at a token valuation of $1 billion, according to a person familiar with the matter, who spoke with Fortune on the condition of anonymity to discuss confidential fundraising details. Nous previously raised seed rounds totaling around $20 million from investors including Distributed Global, North Island Ventures, and Delphi Digital. 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 co Show less Read more
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