AI Infrastructure Firm Gradient Bags $10 Million to Develop Protocols on Solana
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In brief Gradient raised $10M from Pantera, Multicoin, and HSG to introduce Lattica and Parallax—protocols designed to run AI models across decentralized devices instead of centralized servers. The system leverages untapped computing power from phones, laptops, and IoT devices, using Solana to coordinate data and payments. The team says this approach slashes costs, keeps user data local, and pushes back against AI monopolies—but critics say latency and complexity could be roadblocks. Gradient Network closed a $10 million seed funding round to build what it calls a decentralized AI infrastructure stack, with venture firms Pantera Capital and Multicoin Capital leading the investment alongside HSG (formerly Sequoia Capital China). The Singapore-based startup plans to use the funds to develop two core protocols—Lattica and Parallax—that would allow artificial intelligence models to run across a distributed network of devices rather than in centralized data centers. The company said both protocols will debut this week. “We believe intelligence should be a public good, not a corporate asset,” Eric Yang, co-founder of Gradient Network, said in an announcement shared with Decrypt. “This round gives us the momentum to build infrastructure that brings decentralization to the heart of AI.” The timing arrives as AI companies face mounting criticism over data privacy and the concentration of computational power among a handful of tech giants. Gradient’s approach would tap into unused processing power from smartphones, computers, and other devices to create what could basically be the equivalent of a global, crowdsourced supercomputer. Lattica functions as a peer-to-peer data communication protocol like Bitcoin or Torrent—think of it as plumbing that moves information between devices without going through central servers. The company said its network of “Sentry Nodes” has already facilitated over 1.6 billion connections across more than 190 regions. Road to Lattica Over the past months, our Sentry Node…
Filed under: News - @ June 20, 2025 12:13 am