Decentralized AI platform Prime Intellect completes $5.5 million seed round of financing, led by CoinFund and others

Odaily News Decentralized AI platform and protocol Prime Intellect has completed a $5.5 million seed round of financing, led by Distributed Global and CoinFund, with participation from Compound and some angel investors. The new funds will be used to build a computing platform to achieve decentralized training across instances and achieve common ownership of artificial intelligence models by contributing computing, code, data, capital or expertise. (Prnewswire)