To followup on the news article released earlier this week, the @Ambient_xyz team is proud to announce the completion of our combined $7.3mil fundraise led by @a16zcrypto CSX, @Delphi_Ventures, and @AmberGroup_io. Ambient is an AI-infused L1, relying upon its novel Proof of Logits mechanism to power a single massive model (600B+ params). Miners run inference and earn both fees and rewards for their compute, thus making it a potential replacement to Bitcoin. With its new consensus mechanism, Ambient can verify that untrusted miners are actually running the model—at just 0.1% overhead. With this breakthrough proof model, it unlocks a new level of trust in the high-stakes fields of finance, defense, law, health, and robotics. In addition to our lead backers, Ambient’s fundraise also included participation from: @superscrypt, @bigbrainvc, @proofgp, @rubikvc, @aethircloud, @0xPrismatic, @fede_intern, @kelxyz_, @alexgolding_, @aeyakovenko, @rajgokal, and other incredible founders and leaders, listed below. This fundraise will be used to accelerate development towards our vision of building a network backed and secured by machine intelligence productivity, and we are looking forward to sharing more information about our upcoming testnet and miner programs. For more information please visit our website or read this article in Coindesk