Everyone must be familiar with this picture | KIP CEO and co-founder Julian had a one-on-one meeting with Argentine President Mile!
The Argentine president talked to Julian about the importance of sovereign AI, and also expressed his recognition of KIP and support for KIP's work in DeAI + education.
Sovereign AI was first proposed by Nvidia CEO Huang Renxun: "You can't allow this to be done by others. It can compile your culture, your social wisdom, your common sense, your history - you own your own data." Leaders of any country will think about sovereign AI.
KIP will work with the Argentine government to deploy DeAI solutions in Argentina and throughout Latin America. In addition, KIP has also signed an MOU with Thailand's largest government research institution to use AI tools to analyze stem cells and promote the development of biotechnology. KIP actively engages in dialogue with governments, especially in the future landscape where the encryption landscape is about to change. This is particularly important.
Regarding the development direction of AI, the fields of education and entertainment are also a good starting point. There is also a mature product in Web2. If you have experience in learning foreign languages, you must know the app "Duolingo", which is an AI company disguised as a game chemistry foreign language. In the development of KIP, entertainment and education are also its development routes. For example, in cooperation with the AI companion project Moemate, it plans to introduce more than 5 million users to Web3. Cooperate with $EDU (Open Campus) which has been launched on Binance to launch the DeAI learning platform Open Campus U on its chain, and EDU provides a 10 million US dollar fund for support.
In terms of financing, KIP's total financing amount exceeds 10 million US dollars, and the private placement round is led by Animoca Ventures and Tribe Capital, which also reflects the strength of the project from the side.
It is reported that KIP will conduct TGE in the fourth quarter. According to the current FDV estimate, it should be less than 100 million US dollars (I heard that the head exchanges are not interested in projects above 100 million), which is worth paying attention to.