FLock.io Secures $6m Seed Funding to Revolutionize AI Training and Fine-tuning with Decentralized Platform
FLock.io stands out in the London tech scene as a pioneering force in decentralizing AI training and fine-tuning.
Company Name: FLock.io
Location: London, UK
Sector: AI/Blockchain
Funding Details: Raised $6m in seed funding from Lightspeed Faction and Tagus Capital, with participation from DCG, Volt Capital, OKX Ventures, and Inception Capital, among others.
Purpose of Investment: To roll out its upgraded testnet and federated learning client.
Product: A decentralized AI training and fine-tuning platform that utilizes federated learning to democratize AI model training. The platform is designed to shift control from centralized corporations to the public, integrating an end-to-end AI co-creation stack with decentralized federated learning on-chain. It aims to halt user data collection, preserve privacy, and encourage widespread governance participation.
About Company: FLock.io stands out in the London tech scene as a pioneering force in decentralizing AI training and fine-tuning. By leveraging blockchain technology, the platform aims to democratize access to AI development, ensuring that the benefits of AI are accessible to all rather than concentrated in the hands of a few large corporations. This approach enhances privacy and data security and fosters a more inclusive and participatory AI development landscape.