Loading...
Loading...
Browse all stories on DeepNewz
VisitProdia 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.
View original story
Markets
Yes • 50%
No • 50%
Official press releases from Prodia or financial news outlets
Yes • 50%
No • 50%
Official announcements from Prodia, validated by third-party audits or reports
Yes • 50%
No • 50%
Official announcements from Prodia or the respective AI platforms
Does not expand internationally • 25%
Expands to Europe • 25%
Expands to Asia • 25%
Expands to South America • 25%
Official announcements from Prodia
Below $50 million • 25%
$50 million to $100 million • 25%
$100 million to $200 million • 25%
Above $200 million • 25%
Official financial statements and market reports
Achieves 50% cost reduction • 25%
Secures additional funding round • 25%
Integrates with 5 major AI platforms • 25%
Launches new REST API • 25%
Official announcements from Prodia and industry reports