March 1, 2025
Prime Intellect has secured $15 million in funding to advance its peer-to-peer AI compute and intelligence network. The round was led by Founders Fund, with additional participation from Menlo Ventures and prominent investors, including Andrej Karpathy, Clem Delangue, Dylan Patel, Tri Dao, Balaji Srinivasan, Emad Mostaque, Jake Medwell, Brendan McCord, and Sandeep Nailwal. With this latest investment, the company’s total funding now exceeds $20 million.
The company is developing a decentralized AI protocol that allows individuals and enterprises to contribute computational power, code, and capital. Its Compute Exchange connects developers, startups, and data centers in a distributed GPU marketplace designed to reduce costs and increase accessibility. Prime Intellect has also demonstrated decentralized model training at scale, successfully coordinating a 10-billion-parameter AI model across three continents using its PRIME framework. Other research initiatives include INTELLECT-1, METAGENE-1, and INTELLECT-MATH, as well as TOPLOC, a verification mechanism for efficient inference.
Prime Intellect’s next steps include expanding its GPU marketplace, launching a decentralized AI model exchange, and integrating verification mechanisms to scale distributed training and inference. The company is also working on financial models that enable ownership and monetization of AI models, datasets, and agents. In addition, it plans to collaborate with other organizations focused on open-source and decentralized AI research.
About Prime Intellect
Prime Intellect is building a decentralized AI infrastructure that facilitates peer-to-peer compute and model training. The platform connects GPU providers, researchers, and developers through a distributed network, supporting open AI research and verifiable computation.
Website: https://www.primeintellect.ai/ X: @PrimeIntellect
About Investor
Founders Fund
Founders Fund is a venture capital firm based in San Francisco, investing across various industries, including artificial intelligence, fintech, and biotechnology. The firm has backed companies such as SpaceX, Palantir, and OpenAI.
Location: San Francisco, California
Website: https://foundersfund.com/
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