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Exclusive: Pluralis raises $7.6 million from prominent investors to take on OpenAI with big decentralized models

Summary by Fortune
Alexander Long has assembled a team of PhDs and postdocs to see if it’s possible to build decentralized models that compete with the tech titans.

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FortuneFortune
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Exclusive: Pluralis raises $7.6 million from prominent investors to take on OpenAI with big decentralized models

Alexander Long has assembled a team of PhDs and postdocs to see if it’s possible to build decentralized models that compete with the tech titans.

·New York, United States
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NFTgatorsNFTgators

Web3 AI Startup Pluralis Bags $7.6M Pre-Seed and Seed Rounds to Take On OpenAI

Quick take: Clem Delangue, cofounder of AI platform HuggingFace was among those who joined as angel investors. The funding was structured as equity with warrants for future tokens if Pluralis decides to launch its native token. Although the company has no product in development yet, it has assembled a research team to build a decentralised AI infrastructure. Pluralis, a startup looking to disrupt the artificial intelligence sector, currently do…

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Union Square VenturesUnion Square Ventures

Pluralis: Towards Actually Open AI

AI represents something fundamental and powerful: an entirely new computing paradigm that will reshape how we work, learn, and interact. But today’s AI landscape offers limited options: either access AI models through commercial APIs or use “open source” models released by large tech companies. Neither approach fully addresses the opportunity for broader participation in AI development. As we wrote in our recent Four Futures post on where AI mig…

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Fortune broke the news in New York, United States on Wednesday, March 19, 2025.
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