Gradient, a project backed by $10 million in investments from Pantera, Multicoin, and Sequoia, has launched Parallax, an open-source operating system designed for local AI applications. Parallax supports cross-platform, cross-region, and cross-device deployment of open-source large models. The project has received endorsements from Alibaba's Qwen and the open-source framework sglang, indicating strong industry support. Gradient, which has positioned itself in the DeAI sector, continues to attract attention from traditional capital, with Pantera being a notable investor. The launch of Parallax is expected to soon lead to ecosystem activities, offering opportunities for broader participation.