Decentralized AI startup Pluralis raises $7.6 million in funding, led by CoinFund and Union Square Ventures

2025-03-19 22:03:25

Collection

ChainCatcher news, according to Fortune, AI startup Pluralis Research has announced the completion of a $7.6 million funding round. This round was led by venture capital firms CoinFund and Union Square Ventures, with participation from Topology, Variant, Eden Block, and Bodhi Ventures. Notable cryptocurrency investors Balaji Srinivasan and HuggingFace co-founder Clem Delangue also took part.

Pluralis founder and CEO Alexander Long told Fortune that this funding round is an equity financing, accompanied by warrants for future cryptocurrency (if Pluralis decides to issue cryptocurrency). Currently, Pluralis has not launched a product, and investors are mainly optimistic about Long and his team. "The reason I raised this round of funding is 'this team is the best team to solve this problem,'" Long said. "No one else is trying. We believe we can do it."

Unlike other companies attempting to train AI through decentralized server networks, Long's approach is to investigate whether it is possible to train parts of a model on a single computer rather than the entire model. "If you can make the problem precise enough, you usually find a solution immediately," he said.

(Source Link)

ChainCatcher reminds readers to view blockchain rationally, enhance risk awareness, and be cautious of various virtual token issuances and speculations. All content on this site is solely market information or related party opinions, and does not constitute any form of investment advice. If you find sensitive information in the content, please click "Report", and we will handle it promptly.