Sentient, an open source AI development company, has managed to raise initial funding of 85 million US Dollars (around IDR 1.3 trillion). This investment was led by Pantera Capital, Framework Ventures, and Founders Fund founded by Peter Thiel. Sentient aims to become a competitor to OpenAI by building an open AI platform based on Polygon, an expansion of Ethereum's scale into the world of artificial intelligence.
Open AI Platforms For The Future
Sentient was founded with a vision to advance AI technology that is accessible to everyone. With an open-source model, they allow developers from various backgrounds to contribute to and utilize the AI technology they develop. It's not just about creating cutting-edge products, but also about building a strong and inclusive community.
This investment of trillions of rupiah is an important milestone for Sentient. This shows investors' confidence in the potential of open-source AI and Sentient's vision. With this funding, Sentient plans to expand their research and development team, improve infrastructure, and accelerate product innovation. They also have the ambition to strengthen collaboration with universities and research institutions to push AI research forward.
Sentient's Main Focus
One of Sentient's main focuses is the ethical and responsible development of AI. They are committed to creating AI solutions that are not only smart and efficient, but also safe and fair for users. This includes efforts to reduce bias in AI and ensure that their technology can be used for the common good.
With an open and collaborative approach, Sentient not only challenges OpenAI's dominance, but also brings a new perspective to the world of AI. They believe that by sharing knowledge and resources, progress in AI can be achieved more quickly and enjoyed by more people.
Path to Testnet
Sentient will enter the testnet phase this quarter. The funds from this funding round will be used to develop its platform and attract talent from AI research and blockchain engineering to its team. Apart from Pantera Capital and Framework Ventures, investment also came from other well-known investors such as Robot Ventures, Delphi, Republic, and Arrington Capital.
Influence on AI Development Globally
The $85 million investment led by Pantera Capital and Framework Ventures in the open source artificial intelligence (AI) development platform Sentient has had a significant impact on AI developments globally. Here are some of the influences:
Diversifying AI Development
Sentient is committed to building an open AI platform based on Polygon, an expansion of Ethereum's scale. In doing so, they present an alternative to the dominance of a few big forces like Google or Meta. This allows developers around the world to contribute to and utilize AI technology without dependency on a single entity.
Fair and Inclusive Development
Sentient wants to ensure that the benefits of AI are distributed fairly and that its development is in line with the interests of all humanity. By building an open platform, they open up opportunities for diverse talent and minimize concentration of power.
Impact on Research and Development
Funds from this funding round will be used to develop the Sentient platform and attract talent from AI research and blockchain engineering. This has the potential to accelerate innovation and development of AI technology globally.
Sentient's Further Development Plans
Sentient plans to take several important steps in the development of its platform:
- Open AI Platform Development: Sentient will continue to develop an open AI platform based on Polygon. By building this platform, they aim to ensure the benefits of AI are distributed fairly and its development is in line with the interests of all humanity.
- Entering Testnet Phase: Sentient will enter the testnet phase this quarter. This will allow them to test and optimize their platform before full launch.
- Inviting Talent: Funds from this funding round will be used to attract talent from AI research and blockchain engineering to the Sentient team. By combining this expertise, they hope to accelerate the development of their platform.
In closing, the investment Sentient received is not only a win for the company itself, but also for the open-source AI community as a whole. This opens up new opportunities for innovation, collaboration and sustainable growth. With high energy and strong support, Sentient is poised to make a name for itself as a key player in the ongoing AI revolution.
With Sentient, the future of AI development becomes more open and inclusive, ensuring that this technology benefits everyone.
