January 9, 2025:
Nevermined Secures $4M to Revolutionize AI Payments - Swiss startup Nevermined raises $4 million to create a decentralized payments infrastructure for AI-to-AI commerce. By leveraging Web3 technologies, the firm aims to become the PayPal for AI, supporting dynamic, autonomous AI transactions. The funding round, led by Generative Ventures, will enhance its efforts to streamline automated financial interactions between AI agents, potentially transforming enterprise business practices.
Nevermined is already collaborating with various AI and tech firms and is well-positioned to influence the global economy by tapping into AI's potential. Through its initiatives, Nevermined seeks to facilitate seamless transactions between AI entities, thereby playing a significant role in the evolving landscape of AI-driven commerce.