Decentralized AI startup Nous Research has raised $50 million in a Series A round led by crypto venture giant Paradigm, marking one of the largest investments at the intersection of blockchain and artificial intelligence to date.

According to an April 25

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Founded by Coinbase’s Fred Ehrsam and ex-Sequoia partner Matt Huang, Paradigm has built a strong reputation for spotting high-potential crypto projects early.

Its portfolio includes leading DeFi platforms like Uniswap (UNI) and dYdX, as well as consistent backing for Ethereum scaling solutions such as Optimism.

Paradigm also led a $255 million round for StarkNet, a key player in zero-knowledge rollup technology.

Paradigm did not respond to Cointelegraph’s request for comment by publication.

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