Sentient secures $85M with Peter Thiel’s Funders to boost AI progress ๐Ÿš€

Sentient secures $85M with Peter Thiel's Funders to boost AI progress ๐Ÿš€


Open AI Developer Sentient Raises $85 Million to Build Open-Source Platform

As a crypto enthusiast, you may be excited to learn about Sentient, an artificial intelligence developer that aims to establish new property rights and create an open AI platform accessible to all. This initiative comes at a time when the rapid advancement of AI technology is transforming various aspects of our lives, raising concerns about the concentration of power in the hands of centralized entities.

Sentient’s Vision for AI Innovation

  • Sentient believes in aligning AI innovations towards a community-built open AGI.
  • The goal is to ensure equitable distribution and align AI development with the interests of humanity.
  • AGI represents a theoretical milestone where AI surpasses human intelligence across all knowledge areas.

This initiative seeks to address the risks associated with centralizing AI power and control in a few companies. By providing an open-source platform for AI research and development, Sentient aims to democratize access to AI technologies and foster a collaborative approach to innovation.

Community-Built AI Platform

  • Sentient has raised $85 million in seed funding to develop its open AI platform.
  • The funding will support the hiring of AI research and blockchain engineering experts.
  • Sentient plans to establish partnerships with academic institutions and industry players.

By building a platform that encourages community participation and offers transparency in AI development, Sentient hopes to address concerns about AI safety and alignment with human interests. The company’s approach emphasizes the importance of respecting property rights and ensuring fair distribution of power within the AI ecosystem.

Balanced Approach to AI Development

  • Viswanath advocates for a balanced approach to AI development that respects property rights.
  • The goal is to promote diversity of opinions and ensure equitable economic value for contributions.
  • While challenges exist in decentralizing certain AI processes, community ownership remains a priority.

As the AI landscape evolves, it is crucial to establish new frameworks for property rights that support community ownership and economic empowerment. By engaging various stakeholders and fostering collaboration, Sentient aims to drive positive change in the AI industry and promote a more inclusive approach to innovation.

Hot Take: Empowering the AI Community

As a crypto enthusiast, you play a crucial role in shaping the future of AI technology. By supporting initiatives like Sentient’s open AI platform, you can contribute to a more inclusive and transparent AI ecosystem. Together, we can build a future where AI benefits are distributed equitably and aligned with the interests of humanity as a whole.

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Sources:
Sentient Foundation
Sandeep Nailwal
Pramod Viswanath

Sentient secures $85M with Peter Thiel's Funders to boost AI progress ๐Ÿš€
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