Gradient Network has announced the successful closure of a $10 million seed funding round.
The investment, co-led by prominent venture capital firms Pantera Capital and Multicoin Capital, will fuel the development of a decentralized artificial intelligence (AI) infrastructure platform built on the Solana blockchain.
Gradient Network aims to leverage Solana’s high transaction throughput and low latency capabilities to create a decentralized ecosystem for edge computing. This approach seeks to utilize the collective power of everyday devices.
A core objective of the project is to tackle prevalent challenges in AI, including data privacy and algorithmic bias. Gradient’s architecture proposes distributing data storage, computational resources, and algorithm development across a decentralized network.
To achieve this, Gradient is introducing two key protocols: Lattica, designed for peer-to-peer data communication, and Parallax, focused on enabling scalable AI inference.
This initiative positions Gradient Network within the expanding sector of decentralized physical infrastructure networks (DePIN), highlighting the convergence of blockchain technology with real-world infrastructure development.