Hyperbolic is an AI DePIN project designed to break the monopoly of traditional, centralized data centers and lower the entry threshold for AI startups to acquire the resources they need. Meanwhile, data centers, NeoClouds, and infrastructure providers can contribute to the Hyperbolic AI network in exchange for platform rewards.
In July 2024, Hyperbolic Labs closed a $7M seed round co-led by Polychain Capital, Lightspeed Faction, and others. The funds advanced development of the open-access AI cloud, including hiring key engineers and expanding infrastructure for high-performance AI services.
| Fund | Score | Type | Retail ROI | Numbers of investments |
|---|---|---|---|---|
| Very High | 31.41x | 60 | ||
| Very High | 5.29x | 17 | ||
| Medium | 4.15x | 28 |