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Hyperbolic Labs, a blockchain-based AI cloud platform, has successfully raised $7 million in seed funding led by Polychain Capital and Lightspeed Faction. The company aims to revolutionize the use and training of AI models by building an open-access AI ecosystem and economy. The funding will support Hyperbolic Labs' goal of creating a decentralized and collaborative AI infrastructure, which contrasts with traditional centralized AI models. Hyperbolic Labs is also a vital component of Manta AI, a collaborative effort driving full-scale AI development on Manta Pacific. The company has received significant support from various investors, including BanklessVC and Mod Cap, who emphasize the importance of open and decentralized AI development. Hyperbolic Labs aims to become the leading Open-Access AI Cloud.
Privacy, provability and no intermediaries and censors are the important components of User-Owned AI vision that @hyperbolic_labs is driving forward. Congrats on the fundraise toward their vision of building Open-Access AI Cloud. Excited to work together with Hyperbolic both… https://t.co/X6IFugnyOa
We strongly believe in the mission of building a collaborative open AI ecosystem and therefore excited to support @hyperbolic_labs. Looking forward to upcoming developments! https://t.co/T9YfwvzIIJ
Congratulations to @hyperbolic_labs on raising $7M to become the leading Open-Access AI Cloud! 🚀🎉 We're thrilled to partner with a team dedicated to overcoming infrastructure challenges for AI startups and researchers. Together, we're building a collaborative and accessible… https://t.co/TEdSz68VVX