A groundbreaking Web3 project is emerging from stealth mode, promising to redefine how artificial intelligence is accessed and deployed globally. Ambient, the brainchild of Harvard-educated technologist Travis Good PhD and seasoned tech entrepreneur Max Lang, has secured $7.2 million in seed funding from a16z’s Crypto Startup Accelerator (CSX) program alongside influential backers like Delphi Digital and Amber Group.
Pioneering a New Paradigm in AI and Blockchain
Ambient’s innovative platform addresses critical issues in today’s closed-source AI systems—such as inherent biases, limited privacy, censorship, and the pitfalls of model “bait-and-switches.” By combining a trustless design with a novel Proof-of-Work (PoW) mechanism, the platform enables verified inference on a model boasting over 600 billion parameters.
This approach not only minimizes overhead to an unprecedented 0.1% but also slashes training costs by 10x compared to conventional solutions. The architecture is designed to offer Bitcoin-like incentives to miners, setting it apart from the more modest returns seen in Proof-of-Stake (PoS) systems.
Bridging the Gap Between Web2 and Web3
Ambient leverages insights from high-performance blockchains like Solana while upholding the robust security guarantees of PoW. This fusion creates a state-of-the-art system tailored to meet the dual demands of performance and security in AI applications. With its Layer-1 blockchain offering Solana SVM compatibility, Ambient is well-positioned to serve as the backbone for an agentic economy that seamlessly integrates decentralized technologies with mainstream AI services.
Travis Good, known for implementing the world’s first mathematically optimal freight railroad movement planner and pioneering advancements in machine learning-based drug discovery and spectroscopy, expressed his excitement.
He expressed, “Ambient directly aligns the economics of its network with the generation of useful output to create a focused competitor for closed-source AI unlike anything the market has ever seen. This raise marks a pivotal moment in our journey toward facilitating a future where AGI is ubiquitous and community-controlled. We’re proud to have experienced and capable investors like a16z CSX, Delphi, and Amber Group helping us every step of the way.”
Max Lang brings a wealth of experience from major tech players like Microsoft and Amazon, having played critical roles in scaling innovations for companies such as Blend Labs, Cockroach Labs, and Vault Health. Their combined expertise positions Ambient uniquely to revolutionize AI service delivery.
Investors are equally enthusiastic. Tommy Shaughnessy, Founding Partner at Delphi Ventures, noted, “Ambient’s talented team has taken a contrarian but powerful approach to tackling the biggest challenges in the field. We’re delighted to support them as they uniquely position themselves as a tentpole of the coming agentic economy that seamlessly merges Web3 and Web2.”
Michael Wu, Co-Founder and CEO of Amber Group, added, “We see tremendous potential in Ambient’s technology. “Their ability to deliver verified inference at unmatched speeds, while focusing an entire crypto network’s resources on advancing model training, is a true game changer for the future of Crypto AI competitiveness.”
Ambient’s ambitious testnet, set to launch later this year, marks the beginning of what could be a transformative era for AI. By aligning the incentives of miners with the generation of valuable AI outputs, Ambient is not only challenging traditional closed-source models but also laying the foundation for a decentralized future where advanced AI services are accessible as a public good.
from Crypto News: Bitcoin, Ethereum & Price Data | BlockchainReporter https://ift.tt/r5a9keY
via IFTTT
