iHodl.com
Tech startup Fetch.ai has secured a $40 million funding from DWF Labs to speed up the deployment of decentralized machine learning with blockchain.
Subscribe to our Telegram channel to get daily short digests about events that shape the crypto world
In a blog announcement, the UK-based startup said the proceeds will help it solve the problem of “traditional federated learning” by creating new revenue streams. Andrei Grachev, the Managing Partner of DWF Labs, says that Fetch.ai’s approach to machine learning creates a “new paradigm for developers and entrepreneurs, and we’re thrilled to support their growth and development.”
Artificial Intelligence for Advanced Blockchain Investigations
Founded in 2017, Fetch.ai develops decentralized networks with the help of machine learning to automate daily tasks. All the data is being recorded on the Fetch.ai blockchain using FET, the native token of the Fetch.ai blockchain.
According to data from Crunchbase, the startup raised a total of $66 million so far from six investors, including GDA Group and Outlier Ventures.
Access more than 50 of the world’s financial markets directly from your EXANTE account – including NASDAQ, London Stock Exchange and Tokyo Stock Exchange
Источник: ru.ihodl.com