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OpenGradient raises $9.5M in angel funding led by a16z crypto to scale its network for open, auditable model execution.
Amount Raised
$9.5 Million
Investors
Description
OpenGradient, a NYC-based provider of a compute layer service for verifiable AI, raised $9.5M in total funding. Backers included a16z crypto, Coinbase Ventures, and several notable angel investors. The funds will be used to enhance its decentralized infrastructure for executing AI models. Led by CEO Matthew Wang, OpenGradient aims to streamline computationally-heavy tasks for various applications.
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