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Will Hyperbolic Labs expand operations to three new countries by the end of 2025?
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Resolution / Starting Odds
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Official announcements from Hyperbolic Labs or international business 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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Similar markets
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A new AI model • 25%
A new blockchain-based service • 25%
A new hardware product • 25%
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Weave • 25%
Near Horizon • 25%
Another major tech company • 25%
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