Nodepay: Unlocking AI Growth with $7 Million Fundraising

Nodepay, a decentralized AI platform based in Singapore, has secured a total of $7 million in funding aimed at enhancing AI growth through real-time data infrastructure. In the latest funding round, new strategic investors such as IDG Capital, Mythos, Elevate Ventures, and noted angel investors including Matthew Tan of Etherscan and Yusho Liu of CoinHako joined existing backers like Animoca Brands and JUMP Crypto. Nodepay employs decentralized nodes that utilize idle Internet bandwidth to create real-time data streams, supplementing AI training through a method known as Retrieval Augmented Generation (RAG). Darren Nguyen, co-founder of Nodepay, emphasizes the platform's mission to empower contributors and enhance AI ecosystem value. Supported by its innovative platform, Nodepay aims to expand globally, preparing for collaborations with the Solana blockchain and further AI training democratization. Eric Le of IDG Capital notes Nodepay's role in democratizing AI's economic value. Currently serving over 1.5 million active users, Nodepay continues its trajectory as a leader in decentralized AI-tech integration.