AI startup Sentient Labs, co-founded by a Polygon exec, raises $85m from investors like Founders Fund for AI platform development, hiring, and academic partnerships.

AI startup Sentient Labs, co-founded by a Polygon blockchain executive, raised $85m from investors including Founders Fund. The Singapore-based firm, which aims to challenge Google and Meta's dominance in AI, is developing an open-source platform rewarding developers for contributions to emerging AI tools. The funds will be used for hiring and partnerships with academic institutions, ahead of the planned testnet launch in Q3.

July 02, 2024
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