U.S.-based AIxBlock secured a €1.5 million innovation grant from the European Union. This funding supports the next phase of its open and distributed compute platform. The company also has €61.5 million in pre-approved public funding, pending a multi-phase review.
Founded in 2023, AIxBlock offers a unified platform for end-to-end AI development. It combines data pipelines, low-code automation, and distributed training. Furthermore, it provides access to decentralised compute and model marketplaces. The platform connects users to underutilised GPU resources, community-contributed datasets, and fine-tuned models. Consequently, it enables scalable, cost-efficient AI development within a peer-powered ecosystem.