Official press releases from Prodia or financial news outlets

Prodia Raises $15 Million to Develop Scalable AI Solutions Using Distributed GPUs

Jul 2, 2024, 01:51 PM

Prodia has raised $15 million in a funding round led by Dragonfly XYZ to develop scalable and affordable AI solutions using distributed GPU cloud technology. Prodia’s distributed GPU cloud technology reduces costs by 50%-90% and speeds up AI generation by an average of 400%. The funding will support Prodia’s mission to revolutionize AI inference and provide a seamless REST API for users. This investment highlights the growing intersection of crypto and AI, with Prodia emerging as a key player in this space.