AI Infrastructure Firm Gradient Bags $10 Million to Develop Protocols on Solana
Gradient Network secured $10 million in seed funding to develop a decentralized AI infrastructure, led by Pantera Capital and Multicoin Capital. The funds will support the creation of two protocols: Lattica and Parallax, which enable AI models to operate across a distributed network of devices instead of centralized data centers. Lattica serves as a peer-to-peer data communication protocol, facilitating over 1.6 billion connections globally. Parallax allows large AI models to run on multiple devices simultaneously, keeping user data local and addressing privacy concerns. Gradient's approach aims to reduce costs compared to traditional cloud computing while leveraging unused processing power from various devices. The company operates on Solana's blockchain for efficient coordination and payments. Gradient plans to introduce additional protocols and engage the developer community through research publications.
