According to BlockBeats, on December 19, The Block reported that crypto artificial intelligence startup Fraction AI completed a $6 million Pre-Seed round of financing, led by Spartan Group and Symbolic Capital, with participation from Borderless Capital, Anagram, Foresight Ventures and Karatage.
It is reported that Fraction AI is a crypto AI startup that aims to decentralize data annotation. Data annotation involves labeling raw data (such as images, text or audio) with meaningful labels to train AI models to recognize patterns and make accurate predictions.
