Full-Time
Decentralized marketplace for AI computing power
No salary listed
H1B Sponsorship Available
San Francisco, CA, USA
Remote
Flexible work arrangements, with the option to work remotely or in-person at our offices in San Francisco.
🤖AI & Machine Learning (2) |
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Prime Intellect operates a decentralized peer-to-peer network that commoditizes computing power and artificial intelligence. Its main product, the Prime Intellect Protocol, enables the creation and governance of open-source AI, while Prime Intellect Compute serves as a marketplace for accessing GPU resources from various cloud providers. This platform supports efficient, globally distributed training of AI models, allowing users to contribute resources and collaborate on AI development. The company's goal is to democratize access to advanced AI tools and foster a community-driven approach to innovation.
Company Size
11-50
Company Stage
Early VC
Total Funding
$20.5M
Headquarters
Dover, Delaware
Founded
2024
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Company Equity
Flexible Work Hours
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Prime Intellect just launched INTELLECT-2, the first globally distributed reinforcement-learning run of a 32-billion-parameter model, with experts predicting community-trained systems in the 70-100 B range by year-end - a potential counterweight to hyperscaler dominance.
Prime Intellect is building a peer-to-peer protocol for compute and intelligence, enabling collective creation, ownership, and access to sovereign open-source AI. We’re moving beyond centralized AI to empower anyone—from solo GPU operators to global datacenters—to contribute compute, code, or capital and shape the open and decentralized AI ecosystem.
Prime Intellect launches initiative to train open model with decentralized computing.
NEW YORK, July 25, 2024 /PRNewswire/ -- CoinFund , one of the world's longest-operating cryptonative investment firms and a registered investment adviser, commemorates the firm's 9th anniversary with the announcement of four strategic hires and the launch of a new podcast , Mined with CoinFund.EXPANDING THE TEAMCoinFund proudly announces the addition of four subject matter specialists to support an uptick in deal operations and the long-term growth of the brand.With the addition of New York City-based Adriana Armstrong as Executive Assistant, the firm broadens its leadership support and employee and workplace experiences. Adriana brings over 10 years of internal operations, office management, and executive support to CoinFund, most recently working as a consultant at Illuminate Ventures and New System Ventures.In an effort to further strengthen its operational foundation, CoinFund has bolstered its Finance team with the addition of New Jersey-based Matt Manley as a Finance Operations Associate. Prior to CoinFund, Manley was a Senior Accountant in Withum's Emerging Technology group serving on the Digital Assets and Blockchain team, and brings more than seven years of combined audit and digital asset experience to the role from best in class providers like Copper.co and KPMG.CoinFund announces that Malaysia-based Walter Teng has joined CoinFund as an Investor on the Liquid Investments team, deepening the firm's connectivity in Asia. Prior to CoinFund, Teng served as a liquid investor at MSA Novo, and spent more than two years at FundStrat, most recently acting as Vice President of Digital Asset Strategy where he focused on DeFi and small cap strategies.The firm has also continued to expand its commitment to post-investment services, growing its Marketing team with the addition of New York City-based Cam Thompson. In her newly created role as Content Manager for CoinFund, Thompson will amplify the firm's storytelling via written and visual content. Most recently she served as a Copywriter and Creator Liaison at Celo Foundation and covered the trends of the crypto industry as a web3 beat reporter for CoinDesk."CoinFund is a state of the art investment firm designed for the next generation of the internet built on decentralization technology and web3," commented Jake Brukhman, Founder, CoinFund
Prime Intellect, a decentralized AI startup, has secured $5.5M in seed funding led by CoinFund and Distributed Global, with additional support from Compound, Collab+Currency, Protocol Labs, and others. The company is developing a platform that combines centralized and decentralized GPU resources to offer reduced-cost computing and aims to democratize AI development by enabling users to own parts of AI models they train. Co-founders Vincent Weisser and Johannes Hagemann lead the initiative.