Mira Secures $9M in Seed Funding to Expand Decentralized AI Infrastructure

  • Mira secures $9 million in seed funding led by Bitkraft Ventures and Framework Ventures.
  • Funding aimed at building decentralized AI infrastructure accessible to developers.
  • Platform offers software development kits for creating and distributing AI workflows.
  • Mira aims to empower developers to monetize AI models and data through blockchain.
  • Already onboarded multiple projects across Web 2.0 and Web3, with upcoming AI app launches.

Main AI News:

Mira, a blockchain-based artificial intelligence development network, has successfully raised $9 million in seed funding. The investment round was led by Bitkraft Ventures and Framework Ventures, prominent crypto venture capital firms. Additional contributions came from Accel, Crucible, Folius Ventures, Mechanism Capital, and SALT Fund.

The funding will support Mira’s mission to build a decentralized AI infrastructure platform, aiming to democratize access to advanced AI capabilities. The platform offers user-friendly software development kits for developers to connect with AI infrastructure and leverage open-source AI resources. This initiative enables developers to create and publish “Mira Flows,” novel AI primitives that can be utilized and redistributed through the Mira blockchain.

Mira is poised to revolutionize AI development by offering a diverse range of AI workflows,” remarked co-founder Karan Sirdesai. “Our platform empowers AI contributors to retain ownership of their models and data while monetizing their contributions through our marketplace.

Already onboarded with over a dozen projects spanning Web 2.0 and Web3 technologies, Mira anticipates launching several AI applications in the coming months. One such project, Klock, a crypto AI copilot chatbot, is currently in closed beta testing.

With Mira’s expansion, we aim to unlock new frontiers in AI development,” added Sirdesai. By integrating blockchain incentives, Mira incentivizes community-driven innovation, ensuring high-quality, accessible, and decentralized AI components.

Roy Learner, Partner at Framework Ventures, emphasized the importance of Mira’s approach in combating monopolization within the AI sector. “Mira empowers open-source developers to monetize their contributions, safeguarding talent and fostering innovation.”

Through its blockchain-powered ecosystem, Mira endeavors to foster continuous improvement and accessibility in AI development, promising a future where innovation thrives beyond corporate monopolies.

Conclusion:

The $9 million funding round secured by Mira underscores a growing interest in decentralized AI development. With support from prominent investors, Mira is well-positioned to expand its platform, democratize access to advanced AI tools, and foster a vibrant ecosystem of community-driven innovation. This initiative not only addresses the challenges of AI monopolization but also signals a potential shift towards more inclusive and open-source approaches in the AI market.

Source