Prime Intellect Raises $130M at $1B Valuation for Decentralized GPU Marketplace
Key Questions
What funding did Prime Intellect recently secure?
Prime Intellect raised $130M in a Series A round at a $1B valuation for its decentralized GPU marketplace.
Who are the major backers of Prime Intellect?
The round was backed by NVIDIA, Intel, and Dell, bridging traditional VC with DePIN architecture.
Does Prime Intellect have a token or crypto component?
No token has been launched yet; the company focuses on verifiable compute and peer-to-peer GPU marketplace without tokens.
Prime Intellect, building a peer-to-peer GPU marketplace with verifiable compute, raised $130M Series A at $1B valuation. Backed by NVIDIA, Intel, Dell. No token yet, bridging DePIN architecture with traditional VC. This is a bellwether for how decentralized AI infrastructure can scale without tokens.
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Updated Jul 17, 2026