Open Source AI platform Sentient raises $85 million in seed funding, dedicated to building a Decentralization AGI system

In the first half of 2024, artificial intelligence technology led to a significant rise in the US stock market, with the S&P 500 index setting a record of 31 closing highs. AI has become the focus of technological innovation, and its integration with Web3 has sparked endless imagination in the industry. Against this backdrop, the emerging Open Source AI platform Sentient completed a $85 million seed round financing, led by several well-known investment institutions.

Sentient aims to build an Open Source AI model through community contributions, competing with traditional closed-source AI giants. Its core team includes seasoned experts in the blockchain field and AI research scholars, planning to launch a testnet in the third quarter of this year.

Multiple investors have acknowledged the professional capabilities and technical vision of the Sentient team. They believe that Sentient's Open Source, Monetizable, and Loyal (OML) AI model is expected to disrupt the existing AI development model and provide new ideas for addressing issues in the open source AI economy.

The AI track has become a new trend in the science and technology innovation field, and Sentient has emerged strongly.

In the first half of 2024, the rapid development of AI technology has driven the U.S. stock market higher, with Nvidia, the "first AI stock," seeing its share price soar by 149% within six months, and its market value surpassing $3 trillion. AI has become an essential element for tech startups, and many well-known investment institutions no longer establish dedicated AI funds because AI has permeated various fields.

The integration of Web3 and AI has been particularly remarkable. In the first half of 2024, several "Web3+AI" projects received significant funding, covering various aspects from infrastructure to applications. Sentient, as a representative project in this field, successfully raised $85 million, attracting industry attention.

Currently, AI technology is advancing rapidly, and the market is full of expectations for its prospects. With the rise of innovative projects like Sentient, AI technology will continue to drive further development in the market and technology.

Sentient: Building an Open Source Monetizable AI platform, Challenging Traditional Giants

Sentient is committed to creating a Decentralization Artificial General Intelligence (AGI) platform based on community contributions, incentivizing users to participate in the development and improvement of AI models through blockchain technology. Its unique Open Source, Monetizable, and Loyalty (OML) model aims to address the centralization issues in AI development.

The core team of the company brings together top talents from the blockchain and AI fields, including the co-founder of Polygon and several well-known university professors. This combination provides Sentient with a unique advantage in the highly competitive AI sector.

Sentient has chosen to build its platform on the Polygon network, planning to create a proprietary chain using its chain development toolkit. This strategic choice not only leverages Polygon's scalability and security but also provides Sentient with a highly scalable infrastructure.

By building an open and monetizable AI platform, Sentient provides new innovation and collaboration space for AI developers, and also points the way for the future development of AI technology. Its financing scale and investor lineup demonstrate the market's high confidence in its development prospects.

Sentient Technology Framework: Decentralized AGI System Based on Polygon Network

The technical framework of Sentient is built on the Polygon network, leveraging blockchain technology to support the platform's Decentralization and Open Source nature. Its core OML model ensures the platform's openness, monetization capability, and community loyalty during the support of developers' usage.

The technical architecture of Sentient is divided into three layers: user layer, AI agent layer, and OML model layer. The user layer supports billions of users interacting with AI agents; the AI agent layer contains millions of AI agents that continuously optimize performance; the OML model layer manages and improves hundreds of AI models through blockchain technology.

Sentient's AGI vision is to develop general artificial intelligence through an open and decentralized approach, enabling it to exhibit human-like cognitive abilities across multiple domains. Despite the ambitious goals, the team has made initial progress and plans to launch the testnet in the third quarter of this year.

Investor Feedback: The strength of Sentient's team and technological innovation has received high recognition.

Representatives from several top investment institutions have given high praise to Sentient. They generally believe that Sentient's greatest advantage lies in its outstanding team and innovative technological concepts.

The partner at Founders Fund emphasized the sharpness of Sentient team members in their respective technical fields. The managing partner at Pantera Capital is optimistic about the potential of Sentient's OML model in addressing the issues of AI development centralization. The partner at Framework Ventures believes that the Sentient team is the most capable of solving the problems of Open Source AI economy.

These reviews reflect investors' confidence in the Sentient team's background, technical architecture, and development vision. In today's rapidly advancing AI technology, Sentient's Open Source AGI platform is expected to become an important force driving industry transformation.

However, whether Sentient can truly achieve its ambitious goals, disrupt the existing AI development model, and promote the openness and democratization of AI technology still requires time to verify. This will remain a focal point of ongoing industry attention.