Nevermined Raises $4M to Build the PayPal for AI-Commerce
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Nevermined has raised $4 million to develop an AI-to-AI payment protocol, aiming to become the PayPal of AI-commerce. This investment is expected to accelerate the adoption of their technology.
January 09, 2025 | 5:15 pm
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Nevermined's ambition to become the PayPal of AI-commerce could introduce competition for PayPal in the AI-driven payment space.
Nevermined's goal to become a leader in AI-commerce payments could pose a competitive threat to PayPal if successful. However, as this is an emerging market, the immediate impact on PayPal is uncertain.
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