Sogni AI Secures $2 Million to Fuel Decentralized Creative Platform

KeyTakeaways:

Sogni AI raises $2M to accelerate Supernet, a decentralized GPU network for AI content creation. Supernet offers 176x faster rendering speeds by utilizing decentralized infrastructure. Sogni AI aims to democratize creative AI tools, targeting artists, developers, and GPU providers.

Sogni AI, a decentralized platform focused on creative AI, has secured $2 million in funding to accelerate the development of its Supernet, a decentralized physical infrastructure network (DePIN). This investment round was co-led by Comma3 Ventures and Republic Ventures, with contributions from various Web3 investors, including Contango Digital, Oyster Ventures, ARC, DEXT Force Ventures, Nosana, Formless Capital, and Gecko Ventures.

The funding will be used to advance Supernet, a decentralized GPU network designed to support AI-driven content creation. By distributing workloads across decentralized infrastructure, the network promises to offer rendering speeds up to 176 times faster than traditional cloud-based services.

Additionally, Sogni AI aims to address the rising demand for decentralized and accessible AI tools in the $300 billion creative economy, which is currently dominated by centralized, costly, and restricted AI solutions.

A Game-Changer for Creative Professionals and Developers

Sogni AI’s platform aims to open up content creation by providing professional-grade visuals and videos to users without the need for expensive cloud services or centralized infrastructures. The platform offers a cost-effective alternative to traditional AI solutions with modular AI, on-demand GPUs, and an open-source SDK. Sogni AI’s CEO, Mauvis Ledford, pointed out the platform’s speed and efficiency, stating that it can generate 16 AI images in under five seconds, outpacing traditional centralized AI tools.

The funding round was backed by prominent figures from the Web3 and blockchain space, including Allen Day, Head of Web3 Ecosystem at Google, who praised Sogni AI’s decentralized approach as an example of scalable, open AI. Tal Cohen, former Kraken US CEO, also voiced his support for the company, noting its focus on community and creator empowerment.

However, Sogni AI’s decentralized platform is expected to attract many users, including artists, developers, and creative professionals. It also targets GPU owners who can monetize idle resources by contributing to the network. Sogni AI’s vision is to make AI-driven creative tools more accessible, reducing costs and providing control and rewards to users who contribute to the network.

About Sogni AI

Sogni AI was founded by former CoinMarketCap executives to democratize creative AI. The platform combines powerful developer tools, a robust token economy, and user-friendly applications to help individuals generate high-quality visual and video content. With the new funding, Sogni AI is well-positioned to expand Supernet and onboard a diverse network of contributors, furthering its goal to revolutionize AI-driven art and media creation.

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