Hyperbolic's Huge: $7M Web3 AI Boost Led by Polychain, Lightspeed!
**Revolutionizing AI Computing: Hyperbolic Raises $7 Million in Seed Funding** In an innovative leap toward reshaping the AI industry, Hyperbolic has recently announced a monumental achievement in securing $7 million during its seed funding round This impressive milestone was made possible through the collective efforts of leading investment firms, Polychain Capital and Lightspeed Faction, along with the invaluable support from an entourage of esteemed participants Among these participants were Chapter One, LongHash, Bankless Ventures, Republic Digital, Nomad Capital, CoinSummer Labs, and Third Earth Capital, all of which played a pivotal role in this significant phase of fundraising **Empowering the AI Ecosystem through Collective GPU Power** At the core of Hyperbolic's ambitious vision lies a strategy to drastically reduce the costs associated with AI computing resources By harnessing and aggregating GPU power, the company aims to tackle the challenges currently facing AI computing head-on...
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