Bitget App
Trade smarter
Buy cryptoMarketsTradeFuturesEarnWeb3SquareMore
Trade
Spot
Buy and sell crypto with ease
Margin
Amplify your capital and maximize fund efficiency
Onchain
Going Onchain, without going Onchain!
Convert
Zero fees, no slippage
Explore
Launchhub
Gain the edge early and start winning
Copy
Copy elite trader with one click
Bots
Simple, fast, and reliable AI trading bot
Trade
USDT-M Futures
Futures settled in USDT
USDC-M Futures
Futures settled in USDC
Coin-M Futures
Futures settled in cryptocurrencies
Explore
Futures guide
A beginner-to-advanced journey in futures trading
Futures promotions
Generous rewards await
Overview
A variety of products to grow your assets
Simple Earn
Deposit and withdraw anytime to earn flexible returns with zero risk
On-chain Earn
Earn profits daily without risking principal
Structured Earn
Robust financial innovation to navigate market swings
VIP and Wealth Management
Premium services for smart wealth management
Loans
Flexible borrowing with high fund security
Grass Network, an AI and data project, closes Series A led by Hack VC, valuing the company at nearly $1bn

Grass Network, an AI and data project, closes Series A led by Hack VC, valuing the company at nearly $1bn

Bitget2024/09/13 16:44

Grass Network, an AI and data project, has closed a new round of funding led by Hack VC with participation from Polychain Capital, Delphi Digital, Lattice, and Brevan Howard Digital for an undisclosed amount, according to a report citing people familiar with the matter. The new funding round brings Grass' valuation to nearly $1 billion.

According to RootData, a Web3 asset data platform, Grass closed a $3.5 million seed round last December led by Polychain Capital and Tribe Capital.

Grass aims to redefine the incentive structure of the Internet by enabling users to share unused Internet bandwidth resources. Today, the network is populated by over 2 million users running nodes that crawl massive amounts of data for AI models.Grass's infrastructure also gave the team the advantage of building the first user-owned, Internet-level web crawler. Currently, only two companies in the world (Google and Bing) have the ability to crawl the entire Internet, a capability that is the backbone of their trillion-dollar businesses, and Grass' goal is to replace that with the first user-owned knowledge graph of the entire Internet.

0

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

PoolX: Earn new token airdrops
Lock your assets and earn 10%+ APR
Lock now!