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Flock raises $6M for Web3 AI training! 🌟🚀

Flock raises $6M for Web3 AI training! 🌟🚀

Revolutionizing AI Training with FLock

FLock, a cutting-edge web3 startup, recently secured $6 million in seed funding to decentralize artificial intelligence training. Led by venture firms Lightspeed Faction and Tagus Capital, with participation from DCG, OKX Ventures, and Volt Capital, this funding round marks a significant milestone for FLock. The startup’s CEO, Jiahao Sun, revealed that the total funding raised now stands at $8 million, with plans to utilize the investment for team expansion and the development of an AI training platform.

Decentralized Machine Learning with Federated Learning

  • FLock utilizes federated learning, a decentralized approach to machine learning focusing on data privacy.
  • The platform employs an open leaderboard to incentivize competition within the machine learning community.
  • Sponsored training tasks establish reward criteria for each model, fostering innovation and collaboration.

Future Impacts of Decentralized AI

According to Jiahao Sun, FLock is committed to driving transformative change across various industries, including healthcare, finance, education, and beyond. The startup firmly believes in the power of decentralized communities to shape the future of AI, positioning themselves as pioneers in this revolutionary field. As FLock continues to evolve, its platform is set to leave a lasting imprint on the global AI landscape.

Hot Take: Embracing the Future of AI

With FLock’s innovative approach to AI training, the decentralized future of artificial intelligence is within reach. By harnessing the power of federated learning and community-driven competition, FLock is poised to lead the charge in transforming the AI industry. Stay tuned for further advancements from FLock as they continue to shape the future of decentralized AI.

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Flock raises $6M for Web3 AI training! 🌟🚀