GaiaNet, an innovative project in the field of AI infrastructure, has announced that it has successfully raised $10 million in Series Seed Round funding. The funding round included key strategic advisors such as Lex Sokolin from Generative Ventures, Brian Johnson from Republic Capital, Shawn Ng from 7RIDGE, Kishore Bhatia, EVM Capital, Mirana Ventures, Mantle EcoFund, and ByteTrade Lab.
GaiaNet aims to decentralize the current AI agent software by creating a distributed AI infrastructure. Instead of relying on centralized servers, GaiaNet utilizes a network of edge nodes controlled by individuals and businesses. These nodes host AI models based on their specific domain knowledge and expertise. Each GaiaNet node acts as an AI twin, performing skilled tasks on behalf of its creator or operator, such as a university teaching assistant, a crypto trader, or a customer service agent.
The project initially focuses on addressing the shortage of teaching assistants in high-enrollment courses in higher education, particularly in entry-level computer science and engineering. GaiaNet allows the creation of customized AI chatbots that can cater to queries from students with diverse backgrounds and expertise.
Matt Wright, the CEO of GaiaNet, stated that their mission is to redefine the way humans interact with AI and to create a sovereign infrastructure for AI interaction. With the recent funding, GaiaNet is committed to making AI more accessible, collaborative, data bias-resistant, and privacy-centric.
GaiaNet has already made significant progress in revolutionizing industries through its partnership with the University of California, Berkeley. The strategic partnership aims to introduce decentralized AI technology into more computer science and STEM courses, enhancing educational accessibility and paving the way for decentralized AI applications in various sectors.
The funding will not only support the development of GaiaNet’s network infrastructure but also aid in the creation of new AI training models for developers and private data holders. The network nodes, when combined, have the potential to rival the AI capability of ChatGPT 3.5 and beyond.
GaiaNet’s distributed network opens up endless possibilities for users and developers to collaborate with AI agents, challenging the dominance of centralized servers controlled by tech giants. The launch of the testnet and software developer kit (SDK) is scheduled for early Q3 2024, with alpha testing already underway in Q2 2024.
For more information and to stay updated on GaiaNet’s progress, visit their website at www.gaianet.ai and follow @GaiaNet_AI on Twitter.
About GaiaNet:
GaiaNet is a trailblazer in decentralized AI technology, dedicated to reshaping the tech industry with a focus on user privacy, transparency, and control. Their open network infrastructure empowers users by ensuring privacy and censorship resistance in daily AI activities. GaiaNet aims to revolutionize the user experience with AI agents while preserving the intuitive technology of the Web2 era. For more information, visit their website at www.gaianet.ai or their Github page at https://github.com/GaiaNet-AI.
