Funding amount raised by Nous
$50 million
Nous's valuation after funding
$1 billion
Key Facts
- Nous has successfully raised $50 million in a Series A funding round almost entirely from Paradigm, which has confirmed the funding amount.
- Nous is valued at $1 billion following its recent funding round.
- Paradigm, founded by Fred Ehrsam from Coinbase and Matt Huang from Sequoia, is pivoting towards AI investments after the collapse of FTX.
- Nous intends to innovate with decentralized training systems for AI models that compete with OpenAI and DeepSeek.
- Nous plans to launch its decentralized training system on Solana, leveraging distributed computing capacity globally.