
Union Square Ventures (USV) and CoinFund have co-led a $7.6 million seed round for Pluralis, a startup focused on advancing 'Actually Open AI' through decentralized, collaborative model training. The round also saw participation from Variant Fund, Topology VC, and other investors. Pluralis's approach, termed 'Protocol Learning,' is spearheaded by Alexander Long. Pluralis aims to make true open-source AI a reality. This initiative is seen as a step towards a fully decentralized AI training model, which is considered an inevitable shift in the AI industry. Pluralis had previously secured a pre-seed round in 2024. The investment in Pluralis reflects a growing interest in decentralized AI training, with stakeholders expressing enthusiasm about its potential. CoinFund's founder and CEO, Jake Brukh, highlighted to Fortune Magazine that if Pluralis's approach succeeds, it could change the world.
Incredibly excited to back the @PluralisHQ team. At Variant, we see decentralized training as one of the most promising areas at the intersection of Crypto and AI. More on our thesis below 👇 https://t.co/H0xu56M51Q
The future of AI 👇. Congrats @PluralisHQ! https://t.co/HMEjKOlkf2
Incredibly excited about the future of decentralized training and @_AlexanderLong’s vision to build out this reality with @PluralisHQ https://t.co/xDtCM5essF

