Gradient Network Secures $10 Million Funding to Advance Decentralized AI Infrastructure

Gradient Network's $10 million funding round, backed by Pantera Capital, Multicoin Capital, and HSG, marks a pivotal step in decentralized AI development. The capital will fuel the launch of two Core protocols—Lattica and Parallax—designed to enable peer-to-peer data movement and distributed AI inference, challenging the hegemony of centralized hyperscalers like OpenAI and AWS.

The decentralized AI sector now comprises 164 projects, with 104 securing funding as of 2024. Market projections estimate the sector's valuation will NEAR $1 billion by 2027. Gradient's browser-based node architecture promises reduced latency and enhanced privacy compared to cloud-dependent models, positioning it as a viable alternative in an increasingly monopolized AI infrastructure landscape.

"Privacy erosion and intelligence monopolization are no longer theoretical risks," Gradient Network tweeted, underscoring the urgency for decentralized solutions. While projects like Bittensor and Gensyn explore similar decentralized model training approaches, Gradient's lightweight peer network could redefine cost structures for AI deployment.