Public announcement or press release from either Sentient Labs or the Fortune 500 company

Sentient Labs Raises $85 Million in Seed Funding Led by Founders Fund, Pantera Capital, and Framework Ventures

Jul 2, 2024, 02:08 PM

Sentient Labs, an open-source AI development platform, has raised $85 million in a seed funding round co-led by Peter Thiel's Founders Fund, Pantera Capital, and Framework Ventures, with contributions from MH Ventures and Arrington Capital. The six-month-old startup aims to build a community-driven open AGI platform, leveraging blockchain technology via Polygon. Sentient's mission is to democratize AI development, ensuring that AI benefits humanity as a whole. The funding will accelerate the development of open-source AI models and provide a pathway for specialized models to achieve efficient and trusted distribution.