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How many GPUs will be contributed to Hyperbolic Labs' marketplace by June 30, 2025?
2
Resolution / Starting Odds
Less than 1,000 GPUs • 25%
1,000 to 5,000 GPUs • 25%
5,001 to 10,000 GPUs • 25%
More than 10,000 GPUs • 25%
Official reports from Hyperbolic Labs or technology news outlets
Story
Hyperbolic Secures $12M Series A Funding from Variant and Polychain Capital
Dec 10, 2024, 04:03 PM
Hyperbolic Labs, a firm focused on building decentralized AI infrastructure, has raised $12 million in a Series A funding round led by Variant and Polychain Capital, bringing their total funding to $20 million. The funding will be utilized to expand the company's team and scale its operations globally. Hyperbolic aims to create an open AI platform, including an open GPU marketplace where anyone can contribute their GPUs, with H100 SXM GPUs currently offered at $0.99 per hour, the lowest price available. This initiative is part of Hyperbolic's mission to make AI tools and services like compute more accessible through an open ecosystem.
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