Decentralized AI protocol Prime Intellect completes $130 million Series A funding led by Radical Ventures
CoinFeed reported on July 9 that decentralized AI protocol Prime Intellect announced the completion of a $130 million Series A funding round, led by Radical Ventures, with participation from NVIDIA Ventures, Intel Capital, Dell Technologies Capital, and existing investors, bringing cumulative funding to over $150 million to build an open superintelligence stack. Prime Intellect was founded in 2024 and is dedicated to building the 'Open Superintelligence Stack', providing enterprises with a full-stack AI agent development infrastructure covering compute, large-scale reinforcement learning, sandboxes, evaluation, and deployment, serving over 6,000 enterprises and startups including Ramp and Zapier, with annualized revenue exceeding $100 million.