Dubai, 21 December 2024 – Cluster Protocol, a trailblazer in the decentralized artificial intelligence (AI) ecosystem, has successfully closed its seed and strategic investment funding round. This milestone marks a significant leap toward making AI more open, accessible, and collaborative for users worldwide.

The funding round was led by Pivot Ventures and saw the participation of esteemed investors, including Maven Capital, Mapleblock, and several prominent angel investors. Notable contributors include Ryan Horn (Binance), Tal Cohen (Kraken), Sanders Gortjes (Hello Labs), Jeff Nowak (Maven Capital), Amit Patel (Fusion 7), Nelson Paul (Tezos), Marcello Mari (SingularityDAO), Vijay Praveen (BitsCrunch), Ashish Sood (Polytrade), Tomer Nuni (Kima Network), Vijay Garg (Mapleblock), Sundeep Krishna (Trustswap), Vaibhav Gupta (dclabs), and Anshul Dhir (Pivot). Their support signifies confidence in Cluster Protocol’s vision of democratizing AI and building a more inclusive technological future.

Redefining AI Accessibility

Cluster Protocol is on a mission to break down the barriers traditionally associated with AI development. Its platform simplifies the creation, training, and execution of AI agents, making advanced AI capabilities accessible to individuals and organizations, regardless of their technical expertise.

Key to its appeal is its focus on privacy and decentralization. By utilizing cutting-edge technologies such as Fully Homomorphic Encryption and Federated Learning, Cluster Protocol ensures sensitive data remains secure while still enabling global collaboration.

Unlike centralized AI platforms, Cluster Protocol leverages a decentralized network of datasets and computational resources. This approach democratizes industrial-grade computing power, making it available to a broader audience, not just tech giants. Additionally, its innovative “Proof of Aggregated Compute” mechanism guarantees fair and transparent access to computational resources. GPU providers can offer their services at competitive rates, while users can rely on a secure and efficient system.

Innovative Tools for AI Development

Cluster Protocol’s standout feature, the “Cluster Agents Arena,” offers a virtual sandbox where users can quickly build, test, and deploy AI agents. This tool reduces the complexity of AI development, fostering creativity and encouraging participation from a diverse range of users, from hobbyists to industry professionals.

“Our platform is designed to make AI agent creation and hosting simple, affordable, and accessible,” said Yatharth Jain, Co-Founder of Cluster Protocol. “By aggregating computing power from across the globe at unbeatable prices, we provide the foundation of integrity and openness that is essential for decentralized networks.”

Endorsements from Industry Leaders

Cluster Protocol’s vision has earned endorsements from key industry figures and investors. Anshul Dhir of Pivot Ventures highlighted the potential of its leadership, stating, “Under the guidance of young and hardworking innovators like Prateek and Yatharth, Cluster Protocol is poised to redefine the landscape of decentralized AI.”

Nelson Paul of Tezos praised the platform’s efficiency and vision. “Tomorrow’s AI solutions demand a seamless and comprehensive development framework. Cluster Protocol delivers just that, functioning as an assembly line for building and deploying cutting-edge AI agents. We are thrilled to support this ambitious initiative,” he said.

Other investors, including Sanders Gortjes (Hello Labs), Tal Cohen (Kraken), and Vijay Garg (Mapleblock), echoed similar sentiments, emphasizing the platform’s role in making AI development collaborative and inclusive.

A Future Built on Collaboration and Transparency

With its new funding, Cluster Protocol is set to:

• Attract World-Class Talent: Recruit top AI researchers and blockchain engineers to refine and expand its platform capabilities.
• Accelerate Decentralized AI Solutions: Advance the development of decentralized AI to meet the growing global demand.
• Champion Open-Source Development: Stay committed to open-source principles to ensure transparency, flexibility, and community-driven growth.

About Cluster Protocol

Cluster Protocol serves as the backbone of the decentralized AI ecosystem. It offers a platform where developers can monetize their contributions while providing end-users with seamless tools to create next-generation AI agents. By focusing on innovation, accessibility, and collaboration, Cluster Protocol envisions a future where AI becomes a truly inclusive resource for everyone.

This funding round reinforces Cluster Protocol’s position as a transformative force in decentralized AI, enabling collaboration and innovation across global communities.