The round was co-led by Distributed Global and CoinFund with participation from Compound, Collab+Currency and Filecoin Creator Juan Benet with Protocol Labs, as well as prominent angel investors including Hugging Face CEO Clem Delangue. The funding will be used to build out the compute platform, enabling decentralized training across instances and enabling co-ownership of AI models by contributing compute, code, data, capital, or expertise.

Prime Intellect is a decentralized AI platform and protocol democratizing access to compute and intelligence. The platform enables the training of state-of-the-art AI models through globally aggregated compute, enabling decentralized training across instances and empowering you to co-own AI models by contributing compute, code, data, capital, or expertise.