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Sentient completed a $85 million seed round to build a decentralized AGI platform.
AI innovation platform Sentient completes $85 million seed round financing
In the first half of 2024, the rapid development of artificial intelligence technology has driven a significant rise in the U.S. stock market, with the S&P 500 Index hitting a record 31 closing highs. AI has become a core element of technological innovation, and its integration with Web3 has sparked limitless imagination in the industry. Against this backdrop, the open-source AI platform Sentient has completed a $85 million seed funding round, led by several well-known investment institutions.
Sentient is committed to building open-source AI models through community contributions, aiming to create a decentralized Artificial General Intelligence ( AGI ) platform. Its core team includes blockchain experts and AI researchers, planning to launch a testnet in the third quarter of this year.
Multiple investment representatives have highly praised Sentient. They believe that the Sentient team is very sharp in the technical field, and its open, monetizable, and loyal (OML) AI model has the potential to disrupt the industry and is the best choice for solving the economic problems of open-source AI.
AI becomes a new hotspot in the field of scientific innovation
In the first half of 2024, the rapid development of AI technology drove the US stock market to continue rising. The "first AI stock" Nvidia saw its share price increase by 149% within six months, with a market value surpassing $3 trillion. Currently, almost all tech startups are emphasizing the application of AI technology, reflecting the market's high recognition of AI's prospects.
The combination of Web3 and AI has shown particularly bright prospects. Multiple "Web3+AI" projects have received large-scale financing, covering various aspects from infrastructure to applications. Sentient, as a representative in this field, has successfully secured financing, highlighting the market's expectations for open-source AI models.
Sentient: Building an Open Monetizable AI Platform
Sentient focuses on building a decentralized AGI platform that develops AI models through community contributions. Its unique open, monetizable, and loyalty (OML) model aims to address the centralization issues in AI development.
The core team of Sentient includes blockchain experts and AI scholars, providing a solid technical foundation for the company. The platform has chosen to build on Polygon and plans to use its chain development toolkit to create independent chains to provide highly scalable infrastructure.
Decentralized AGI System Based on Polygon Network
The technical framework of Sentient is based on the Polygon network, leveraging blockchain technology to support the platform's decentralization and openness. Its OML model ensures that developers can share, optimize AI models, and profit from them, stimulating broader community participation.
The technical architecture of Sentient is divided into the user layer, AI agent layer, and OML model layer. Through this multi-layered structure, the platform can continuously optimize AI performance, enhancing intelligence and efficiency. Although achieving true AGI still presents challenges, the Sentient team believes that this goal can be achieved in the near future through the power of the community.
Investor Feedback on Sentient
Several top investors have highly praised Sentient. They believe that Sentient's greatest strengths lie in its outstanding team and innovative technological concepts. Investors are confident that Sentient's open-source model will bring transformation to AI development and address the current issues of centralization in AI technology.
However, whether Sentient can truly achieve its ambitious goals of promoting the openness and democratization of AI technology remains to be seen. Regardless, Sentient's innovative ideas and strong team background have already attracted widespread attention in the industry, and its future development is worth ongoing observation.