๐ ๐๐ก๐ข๐ง๐ ๐ฌ ๐๐จ๐ฎ ๐๐๐๐ ๐ญ๐จ ๐๐ง๐จ๐ฐ ๐๐๐จ๐ฎ๐ญ ๐ ๐๐จ๐๐ค.๐ข๐จ
Backed by substantial funding and strategic partnerships, FLock.io is set to democratize AI, shifting control from corporate giants to the global community. Here are five key things you need to know about this innovative platform.
๐ค $6 Million Seed Round Funding: FLock.io has raised $6 million in a seed round co-led by Lightspeed Faction and Tagus Capital. This substantial investment will enable FLock.io to enhance its decentralized AI training platform and federated learning client.
๐ค Mission to Democratize AI: FLock.io is dedicated to shifting the power of AI development from a few large corporations to the wider community. By enabling community participation in AI training and governance, FLock.io ensures that AI technology is developed in line with public interest, rather than corporate agendas.
๐ค Innovative Decentralized Platform: The platform leverages decentralized federated learning, which allows AI models to learn from diverse, decentralized data sources without compromising data privacy. This approach not only protects data sovereignty but also democratizes the creation, governance, and ownership of AI agents.
๐ค Strategic Partnerships: FLock.io has partnered with io.net to utilize decentralized computing resources, significantly reducing privacy risks associated with centralized AI systems. Additionally, a collaboration with PublicAI will provide high-quality datasets and services, driving further innovation and efficiency.
๐ค Experienced Team: The FLock.io team comprises Oxford alumni with over a decade of experience in AI and crypto. Their expertise and vision are central to the companyโs mission to decentralize AI development and foster a more inclusive AI ecosystem.
Stay tuned for more updates as FLock.io continues to revolutionize the AI landscape with its groundbreaking approach and community-driven model.
