ChainCatcher news, according to Fortune, decentralized AI startup Nous Research has completed a $50 million Series A funding round, led by Paradigm, which values Nous Research at $1 billion.Nous Research plans to launch a decentralized training system on the Solana blockchain, utilizing blockchain technology for distributed AI model training. The company previously raised approximately $20 million in seed funding from institutions such as Distributed Global, North Island Ventures, and Delphi Digital.Karan Malhotra, co-founder of Nous Research, stated that the company uses blockchain technology mainly for coordination and incentive mechanisms, allowing users to contribute idle computing power to participate in AI model training. The system will initially allow users with data center access to participate, and the company is currently considering whether to issue a native token as a reward.

ChainCatcher news, the open-source AI research organization Nous Research announced on social media the establishment of a subnet on the decentralized AI network project Bittensor (TAO), aiming to provide a new evaluation system for open-source models.Nous Research stated that traditional benchmarking heavily relies on public datasets, which are easily exploited and often lead to scores that appear high but obscure the true capabilities of the models, misleading developers into meaningless score chasing.It is reported that the Cortex subnet is a dynamic source of fresh synthetic data continuously generated by GPT-4, allowing the use of fresh and unpredictable high-quality data to test models and ensuring a fair and accurate consensus on which model most closely reflects GPT-4's performance. This new system aims to celebrate and reward the creators of truly user-needs-satisfying public open-source models through Bittensor's built-in incentive structure.