Paradigm Fuels $1B Valuation for New Decentralized AI Project on Solana

According to Fortune, the firm is injecting nearly $50 million into Nous Research, an AI startup now valued at around $1 billion. Nous Research aims to challenge established AI giants like OpenAI by developing open-source language models — but with a decentralized twist. Instead of relying on massive centralized data centers, the project plans to tap into idle computing power from users across the world, offering a new model for training AI systems. Co-founder Karan Malhotra, who collaborated with a former OpenAI founding member, told Fortune that crypto incentives would play a crucial role in encouraging people to contribute their spare computing resources source: https://coindoo.com/paradigm-fuels-1b-valuation-for-new-decentralized-ai-project-on-solana/