Team S on Newnex: Sandeep Nailwal, co-founder of Polygon, has…

Sandeep Nailwal, co-founder of Polygon, has launched a new venture…

Team S · 2024-07-10T09:33:58.000Z

Sandeep Nailwal, co-founder of Polygon, has launched a new venture, Sentient, which has successfully raised $85 million in seed funding. The round was co-led by Peter Thiel's Founders Fund, Pantera Capital, and Framework Ventures, among others. Sentient aims to revolutionize the AI landscape by integrating blockchain technology with artificial intelligence, focusing on developing an open-source decentralized AI platform. This innovative approach is designed to incentivize collaboration and equitable distribution of AI's benefits, tackling the current issues of centralized AI model control. Key figures involved include Sandeep Nailwal, Pramod Viswanath from Princeton, and Himanshu Tyagi from the Indian Institute of Science. Sentient plans to use the funds to hire top AI and blockchain talent and launch its testnet in Q3 2024. https://inc42.com/buzz/sandeep-nailwals-new-venture-sentient-raises-85-mn-to-take-on-openai-llama/

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Team S on Newnex: Sandeep Nailwal, co-founder of Polygon, has…