Gensyn

What it does

Company Summary Gensyn is building a decentralized machine learning compute protocol that lets AI developers train models on any compute device worldwide. It schedules training workloads across a global network, verifies accuracy cryptographically, and handles payments—all through permissionless software. The Problem Demand for AI compute is skyrocketing, but access to GPUs is limited and expensive. AI teams face shortages, high costs, and vendor lock-ins that hinder innovation and scalability. The Solution Gensyn turns underused hardware—like datacenter GPUs or personal laptops—into a global AI compute marketplace. Developers dispatch jobs via the protocol, which schedules computations, verifies results, and automates payment. This network for machine intelligence unlocks vast compute capacity at fair-market prices. Funding In June 2023, Gensyn raised $43M in a Series A led by A16z Crypto, with participation from CoinFund and Protocol Labs. The company has raised over $50M to date, including a prior Seed round led by Eden Block.