Hyperbolic, a startup merging artificial intelligence (AI) and blockchain, has raised $7 million in seed funding. The round was led by Polychain Capital and Lightspeed Faction, with notable investors like Balaji Srinivasan and Sandeep Nailwal.
The funds will be used for AI-driven solutions, team expansion, and developing a developer ecosystem. Hyperbolic aims to create an open AI cloud infrastructure, optimizing AI performance beyond traditional Web2 frameworks.
CEO Jasper Zhang emphasizes the goal of pioneering new protocols, including Proof of Sampling (PoSP), to enhance security and authenticity. This positions Hyperbolic as a key player in advancing AI and blockchain technologies.
