OpenGradient Completes $9.5 Million Financing Round with Participation from a16z crypto and Others

Odaily News: The verifiable AI compute layer OpenGradient announced the completion of a $9.5 million financing round. Participants included a16z crypto, Coinbase Ventures, SV Angel, Foresight Ventures, Pragma, SALT, Symbolic Capital, Canonical Crypto, Black Dragon, NEAR, Celestia, Thanefield Capital, and angel investors such as former Coinbase CTO Balaji Srinivasan.

The funds from this round will be used to build and scale decentralized AI infrastructure, providing model hosting, execution, and cryptographic verification services. This aims to enable the open, auditable, and verifiable on-chain operation of AI models, establishing a foundational trust layer for the AI agent economy and decentralized intelligent applications. (Prnewswire)