2 years ago

Gensyn Raises £33.8 Million to Decentralize AI Creation

  • British AI startup Gensyn has raised £33.8 million in a Series A funding round led by a16z crypto

  • The company plans to use the funding to expand its team and launch its decentralized machine learning system

  • Gensyn's platform aims to provide a more accessible and equitable alternative to traditional cloud infrastructure for AI development.

      • ProblemTechnology

      "holding back the progress of computing due to the dependency on traditional cloud infrastructure and oligopolistic control"

      Solution

      "a decentralized machine learning system that allows for pay-as-you-go operation, verified with cryptography, democratizing AI development"

      Covered on