PANews reported on December 10 that Hyperbolic , an open AI cloud service provider, announced the completion of a $12 million Series A financing round led by Polychain Capital and Variant, with participation from IOSG Ventures, Wintermute, GSR, Chapter One, Bankless Ventures and Faction. Hyperbolic Labs is an open AI cloud platform that focuses on providing GPU resources and AI services.
Hyperbolic Completes $12 Million Series A Funding, Led by Polychain Capital and Variant
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