GaiaNet raises $10M for its decentralized AI agent project

May 28, 2024: GaiaNet Secures $10M for AI Decentralization - GaiaNet, a pioneering project in decentralized artificial intelligence (AI), has successfully raised $10 million in seed funding. This significant financial boost aims to expand access to edge nodes, enabling developers to deploy AI agents and various generative AI tools. The project, supported by notable investors such as Generative Ventures and Republic Capital, focuses on decentralizing AI model inference through a distributed network of independently operated nodes. This infrastructure supports the deployment of specialized AI agents for diverse expertise areas, promising a more accessible, bias-resistant, and privacy-centric approach to AI interaction and utility, particularly in education.