Gradient Network, a decentralized AI project, closed a $10 million seed round led by Pantera Capital and Multicoin Capital

According to Deep Tide TechFlow news on June 17, Gradient Network's official Twitter disclosed that the project has completed a $10 million seed round financing, led by Pantera Capital and Multicoin Capital, with participation from well-known partners such as HSG Capital and top angel investors in the AI and encryption fields.

Gradient Network is building the world's first fully decentralized AI facility, aiming to address issues such as privacy erosion, access barriers, and intelligence monopolies caused by the centralization of AI systems. The project will launch two foundational protocols: Lattica, as a universal data transmission engine, and Parallax, the world reasoning engine, both will go live this week.

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