Decentralized AI company Nous Research completes $50 million Series A financing, led by Paradigm

Decentralized AI startup Nous Research completed a $50 million Series A round of financing, led by Paradigm. This round of financing valued Nous's token at $1 billion. The company has previously raised about $20 million through seed financing, with investors including Distributed Global, North Island Ventures, Delphi Digital and others.
The financing funds will be mainly used to enhance the computing power reserve and expand the size of the research team. It is worth noting that this is Paradigm's largest AI investment since the FTX thunderstorm in 2022, indicating that crypto capital is accelerating the layout of cutting-edge technology cross-fields.