PANews reported on November 12 that according to The Block, Web3 artificial intelligence company Eidon AI has completed a $3.5 million seed round of financing, led by Framework Ventures and participated by Cayman Islands venture capital company cyber.Fund. This is all the financing of Eidon to date.
Eidon encourages users to provide data for training AI models through an incentive mechanism, with the goal of building a decentralized AI network. Users can submit new data including fine hand movements or object interactions, and other users can verify the authenticity of the data through the upcoming blockchain. This round of financing will be used for team expansion and network infrastructure construction.
Sam Padilla, the company's co-founder, said that Eidon's ultimate goal is to create a decentralized AI network that allows all participants to contribute to data, computing, storage, and models, and share all the value generated by the network. Eidon's first version of the network went live on November 12, covering data evaluation and collection applications and an open sequencer.
