Sentient Labs Raises $85M for Open-Source, Community-Driven AI on Solana

Jul 2, 2024, 05:25 PM

Sentient Labs has successfully raised $85 million to develop open-source and community-driven AI models on the Solana blockchain. The funding round saw participation primarily from crypto investors, with some contributions from the AI sector. This investment is significant against the backdrop of a general decline in enthusiasm for the Web3 and AI space. Sentient Labs, led by a team including Sandeep Nailwal and Viswanath Pramod, aims to create a decentralized and democratic AI future. The team has been working on this vision from white boarding sessions into the middle of the night. Symbolic Capital, Prodia Labs, and Delphi Ventures are among the notable backers of this initiative.