OpenGradient raises $9.5 million in funding, led by a16z crypto

BlockBeats News, April 14, According to PR Newswire, the "Verifiable AI Compute Layer" project OpenGradient today announced that it has raised a total of $9.5 million to expand its open and auditable model execution network.

The main investors in this round include a16z crypto, as well as Coinbase Ventures, SV Angel, Foresight Ventures, Pragma, SALT, Symbolic Capital, Canonical Crypto, Black Dragon, NEAR, Celestia, and Thanefield Capital.

Angel investors include former Coinbase CTO Balaji Srinivasan, NEAR co-founder Illia Polosukhin, Polygon co-founder Sandeep Nailwal, Bruno Faviero from Magna, Daniel Cheung and Ryan Watkins from Syncracy Capital, and Ekram Ahmed from Celestia.

OpenGradient is building an "Open Intelligence Network" - allowing AI models to be hosted, executed, and verified in a large-scale environment.