Decentralized Machine Learning Startup Gensyn AI Raises $43M Led by a16z

Gensyn AI, a UK-based decentralized machine learning startup, has raised $43 million in Series A funding led by a16z crypto. Gensyn AI aims to connect global machine learning compute hardware, including GPUs and CPUs, and make it accessible to engineers, researchers, and academics. The platform’s goal is to enable seamless utilization of all available machine learning capable compute hardware worldwide for training work. Gensyn operates as a layer one proof-of-stake blockchain built on the Substripe protocol. The approach offers scalability without limitations and has low verification overhead, making it an attractive solution for developers. The funding round also saw participation from CoinFund, Canonical Crypto, Protocol Labs, and Eden Block, along with several angel investors. Gensyn AI’s focus is on machine learning, and their goal is to remain relevant and provide solutions in the machine learning landscape.