Hyperbolic Raises $12M to Expand Decentralized AI Infrastructure

Home AI News Hyperbolic Raises $12M to Expand Decentralized AI Infrastructure

Hyperbolic has recently secured $12 million in Series A funding, led by Variant and Polychain Capital, with participation from numerous investors. This round brings the company's total funding to $20 million. Hyperbolic plans to use this capital to accelerate its growth in the field of decentralized AI computing and reasoning services.

The company is developing a decentralized GPU marketplace, allowing owners to rent out their unused GPU resources and offering users potential cost savings of up to 75%. This platform is built on Hyper-dOS, a decentralized operating system developed by Hyperbolic. It utilizes a unique Proof of Sampling (PoSP) protocol to handle over a billion AI reasoning tasks with tokens each day.

Looking to the future, Hyperbolic aims to launch its own blockchain by 2025, enhancing collective governance and transparency in AI infrastructure. Currently, Hyperbolic's technology is adopted by industry giants such as Hugging Face and Quora, and it has received recognition from leading universities like Stanford and New York University.

With the new funds, Hyperbolic will increase investment in its engineering and technical teams to expand its presence in the global market. The company was co-founded by Jasper Zhang and Yuchen Jin, both experts in AI and mathematics. They are committed to integrating AI workflows from Web2 and Web3, providing developers and researchers with more efficient and cost-effective computing resources.

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