Decentralized AI startup Nous Research has secured $50 million in a Series A funding round led by Paradigm, which values the company at a $1 billion token valuation. Founded in 2022, Nous aims to establish open-source AI models using decentralized infrastructure, allowing individuals to contribute idle computing power for AI training. This approach contrasts with traditional models that rely on centralized data centers. The new capital will primarily be allocated towards scaling compute resources and advancing research, with a goal to develop a 15-billion-parameter LLM in a decentralized manner. Paradigm's investment reflects increasing interest in AI within the crypto venture space, highlighting a shift towards community-oriented AI development as opposed to centralized efforts.

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