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Nosana Announces “Road to Mainnet” with January 2025 Launch

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    Amsterdam, Netherlands, September 20th, 2024, Chainwire

     

    Nosana, the decentralized AI inference engine powered by a global network of consumer GPUs, reveals the official launch date for its Nosana Mainnet: January 14, 2025.

    Nosana, a leader in decentralized AI computing, is proud to announce the upcoming launch of its Nosana Mainnet, set for January 14, 2025. This marks a significant milestone for Nosana, following a year of rigorous testing and preparation for full-scale deployment.

    “When we first envisioned Nosana, we imagined a world where AI computing would be decentralized, accessible, and limitless—a place where developers could access GPU resources without the traditional barriers of centralized infrastructure,” said Jesse Eisses, co-founder of Nosana. “We recognized early on that existing AI compute solutions were too centralized or too complex, limiting innovation. Our mission from the start was to create a decentralized network that offers scalable, affordable, and open AI computing resources for the next generation of builders and innovators.”

    Over the past nine months, the Nosana team has worked alongside its community to test, refine, and prepare the platform for its mainnet release. The network has engaged with over 4000 nodes from 60 countries across 6 continents, tapping into a global GPU provider network and gaining valuable insights from various AI projects to refine its technology.

    What Nosana’s Mainnet Brings

    Nosana’s Mainnet will transform access to decentralized GPU resources, unlocking crucial power and efficiency for AI inference workloads. With the launch, Nosana’s users and GPU providers will enjoy new features and significant improvements:

    • Nosana Console: A sleek and refined UI for seamless management of AI inference jobs.
    • Client SDK: A robust software development kit enabling developers to easily connect their projects to the Nosana GPU network.
    • Dynamic Pricing: Real-time, market-driven pricing to optimize resource allocation and ensure fair pricing.
    • Advanced Job-to-Node Matching: Efficient job distribution to maximize performance across the network.
    • Unrestricted GPU Grid Access: Clients will have full access to Nosana’s decentralized GPU network, enabling scalable AI operations.

    “We are excited to take Nosana to the next level with its mainnet launch, offering full access to decentralized GPU computing” added Eisses.

    Test Grid Phase 3: The Final Step Toward Mainnet

    On September 30, 2024, Nosana will begin Test Grid Phase 3, its final stage of testing, focusing on refining pricing models, implementing staking, and ensuring the platform is fully prepared for the January launch. This phase will be the last opportunity to test critical components before the mainnet goes live.

    Nosana’s Vision for 2025

    The mainnet launch is just the beginning for Nosana. As the platform goes live, the company plans to expand its ecosystem and attract a broader range of projects. In Q2 2025, Nosana will host its first global hackathon, inviting developers and startups to explore new applications for AI inference on its decentralized GPU grid.

    “As open-source developers, Jesse Eisses and I wanted to create a solution that moves away from the high costs, inflexibility, and control of centralized cloud providers,” said Sjoerd Dijkstra, co-founder of Nosana. “We couldn’t have reached this milestone without the support of our community, investors, and partners who believed in our vision for making AI computing more accessible for everyone.”

    Nosana’s AI inference marketplace will continue to evolve, with ongoing improvements and new features to keep it at the forefront of decentralized AI technology.

    Timeline Overview:

    • September 30, 2024: Start of Test Grid Phase 3
    • January 14, 2025: Nosana Mainnet Launch
    • Q2 2025: Global Hackathon for AI applications on Nosana’s network

    About Nosana

    Nosana is a decentralized AI inference engine powered by a global network of consumer GPUs. Built on the Solana blockchain, Nosana provides scalable and efficient access to GPU resources for AI workloads. With its cutting-edge infrastructure, dynamic pricing model, and advanced job-to-node matching, Nosana leads the way in decentralized AI computing.

    https://nosana.com

     

    Contact

    CMO
    Caroline Johnova
    Nosana
    caroline@nosana.io

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    Statt Secures $2.8 Million Seed Round to Scale its AI and Data SaaS Platform for Public Policy and Regulatory Insights and Analysis

    2024-09-19T18:01:00Z

    The round was led by Moneta Ventures, and includes participation from Clutch VC, Next Coast Ventures, and NextGen Venture Partners

    WASHINGTON and AUSTIN, Texas, Sept. 19, 2024 (GLOBE NEWSWIRE) -- Statt Inc., an innovative big data and artificial intelligence company for the public policy, regulatory, and strategic communications sectors, today announced it secured $2.8 million in seed funding. The round is led by Moneta Ventures, and includes participation from Clutch VC, Next Coast Ventures and NextGen Venture Partners.

    Statt’s latest funding follows a $1.6 million pre-seed round led by NextGen in Nov. 2020, and will enable Statt to expand its sales, marketing, engineering, and machine learning teams to accelerate the development and deployment of its SaaS platform.

    Statt leverages cutting-edge AI, along with its proprietary global data stream of hundreds of millions of public policy documents to deliver real-time insights, streamline research processes and risk assessment, and enhance decision-making capabilities for large companies, professional services firms, government agencies, and smaller policy organizations seeking to navigate complex regulatory and legislative environments.

    Statt is led by its two co-founders, Steve Glickman, CEO, and Andrew Platt, Head of Product, who share deep policy backgrounds. Steve previously served as Co-Founder and CEO of the Economic Innovation Group, senior economic advisor for the White House National Security Council, and a committee staffer on Capitol Hill. Andrew was previously elected to the Maryland General Assembly, served as a congressional leadership staffer, and as an executive at an education and fintech company.

    “We are thrilled to partner with several best-in-class investors as we continue our journey to revolutionize the application of AI to complex flows of information across the public policy and regulatory affairs spaces,” said Steve Glickman, Co-Founder and CEO of Statt. “With this new funding, we will scale our team, grow our first-to-market data stream, and expand our analytics solutions to empower our customers to proactively navigate and shape the policy landscape.”

    Statt already counts several influential corporations and professional services firms among its customers and partners, including Microsoft, Visa, FTI Consulting, and Avoq. Notably, Statt was accepted into the Microsoft for Startups Pegasus Program, as well as the Google for Startups Program and the NVIDIA Inception Program, which have collectively awarded the company $700,000 in cloud computing credits.

    “Statt’s platform has been instrumental in helping us anticipate regulatory changes and understand their potential impacts across different markets,” said Brent McGoldrick, Senior Managing Director, FTI Consulting. “Working with their AI platform gives our experts great access to a wide range of range of capabilities and insights.”

    The investments from leading VC firms like Moneta, Clutch, Next Coast, and NextGen underscores the growing excitement behind cutting-edge AI companies with products tailored to large sectors previously underserved by technology solutions.

    “Statt is uniquely positioned at the intersection of AI and public policy, two areas undergoing rapid change,” said Aasim Hasan, Managing Partner at Moneta Ventures. “Their leadership team and technologists are truly industry experts, and we are excited to support Statt as it brings innovative technology to a space that is ripe for disruption and offers tremendous potential for growth and impact.”

    About Statt
    Statt is a global AI SaaS platform focused on surfacing mission critical public policy, regulatory, and geopolitical insights. Based in Washington, DC and Austin, TX, Statt is dedicated to providing real-time, data-driven solutions that empower large companies, professional services firms, government agencies, and policy organizations to navigate complex regulatory and legislative landscapes. For more information about Statt, please visit www.statt.com.

    About Moneta Ventures
    Moneta Ventures is an early-stage venture capital firm with offices in Austin, TX, and Folsom, CA. The firm invests in high-growth B2B technology companies along the US West Coast and in Texas. Founded by serial entrepreneurs with a track record of building and exiting large technology companies, Moneta works closely with founders to help companies scale operationally alongside capital investment. Moneta Ventures has invested in more than 50 companies since 2014, including Mindtickle, Grin, VideoVerse, Aumni, Sibros, and App Orchid. 

    Company Contact
    Steve Glickman
    info@statt.com


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