AI infrastructure project GaiaNet has raised $10 million to decentralize networks for generative AI tools. 

The seed funding round included participation from EVM Capital, Mirana Ventures, Mantle EcoFund, Generative Ventures’ Lex Sokolin, and Republic Capital’s Brian Johnson. According to a statement issued Tuesday, the newly raised capital will finance GaiaNet’s development of educational tools for STEM students and support its work to leverage distributed ledger technology to decentralize AI networks. 

“With the recent investment, we’re able to take a step further in our commitment to redefining the boundaries of AI, making them more accessible, data bias-resistant, collaborative, and privacy-centric.” GaiaNet CEO Matt Wright said in the statement. 

The funds will …