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Data Center News > Blog > Investments > Nodepay Raises $7M in Total Funding
Investments

Nodepay Raises $7M in Total Funding

Last updated: December 27, 2024 11:08 pm
Published December 27, 2024
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Nodepay, a Singapore-based decentralized AI platform reworking unused web bandwidth into real-time knowledge pipelines for AI coaching, raised a second spherical of funding, bringing its complete to $7m.

The most recent funding spherical included new strategic traders IDG Capital ($23 Billion AUM), Mythos, Elevate Ventures, IBC, Optic Capital, Funders.VC, Matthew Tan(Etherscan founder) and Yusho Liu (CoinHako Co-founder & CEO) as notable angels. They joined earlier backers that features Animoca Manufacturers, Mirana, OKX Ventures, JUMP Crypto, Tokenbay Capital and extra.

With this funding, the corporate will proceed to commercialize its infrastructure to profit each its group and accomplice AI labs.

Nodepay’s community faucets into a worldwide group of customers operating privacy-protected nodes. By sharing their spare web bandwidth, these individuals earn rewards for making a real-time knowledge supply that improves AI inference with correct, well timed info—an method often called Retrieval Augmented Era (RAG).

Led by Darren Nguyen, Nodepay is a decentralized AI platform devoted to democratizing AI coaching via real-time knowledge retrieval. The infrastructure platform integrates real-time knowledge retrieval, a Web3-focused decentralized reply engine, reinforcement studying for extra correct mannequin output, and gamified human verification.

Already serving over 1.5 million lively customers worldwide, Nodepay continues to increase its attain, solidifying its position as a frontrunner within the integration of AI and blockchain expertise.

FinSMEs

27/12/2024

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See also  Mandos Raises Over $1M in Funding
TAGGED: Funding, Nodepay, Raises, Total
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