PlutonAI Raises $2.7M for Decentralized Finance AI
PlutonAI has raised a $2.7 million seed round to build infrastructure for Decentralized Finance AI (DeFAI). The company is focused on creating conversational DeFi agents capable of performing analysis, executing transactions, and running autonomous workflows on-chain.
- The $2.7 million seed round was led by Kitchen, a venture capital firm that incubates and invests in Web3 projects. - PlutonAI's platform is built upon the foundation of PlutonApp, which had already amassed a user base of over 1.4 million and established 94 strategic partnerships. - The company's AI agents are designed to execute a variety of on-chain tasks autonomously, including automated trading, yield farming, and portfolio optimization. - Users can create and deploy their own AI agents through a no-code interface, with a significant focus on integration with the Telegram messaging platform. - The platform's technology stack incorporates a range of large language models, including OpenAI's GPT-4, Google's Gemini, and Anthropic's Claude, to power its conversational agents. - To handle the high computational demands of training AI models, PlutonAI has partnered with Cluster Protocol, which provides access to a decentralized network of GPUs. - The DeFAI (Decentralized Finance AI) market includes other notable projects like Fetch.ai and SingularityNET, which are also developing autonomous agent technology for blockchain applications. - PlutonAI's roadmap includes the future ability for users to tokenize their AI agents, creating a marketplace for these autonomous tools and enabling a new creator economy.
