Summary:
- Imagen Network, a decentralized AI infrastructure company, has secured $160 million in Bitcoin funding to build a scalable and decentralized AI system.
- The goal is to create an open-source, decentralized AI platform that can be used by developers and researchers to build and deploy AI applications without relying on centralized cloud providers.
- The decentralized AI infrastructure will use blockchain technology to ensure data privacy, security, and transparency, making it a more accessible and equitable solution for AI development.