The decentralized AI project Gradient Network has completed a $10 million seed round financing, led by Pantera Capital and Multicoin Capital

ChainCatcher news, according to Gradient Network's official Twitter, the project has completed a $10 million seed round financing, led by Pantera Capital and Multicoin Capital, with participation from well-known partners like HSG Capital and top angel investors in the AI and crypto fields.

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