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OpenLedger Secures $6B Ether.fi Partnership for AI Development – Crypto-News.net

17 December 2024
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OpenLedger, a decentralized blockchain platform for synthetic intelligence (AI), has partnered with Ether.fi to boost its community safety and scalability. Ether.fi, which manages $6 billion in whole worth locked (TVL) by means of its restaking infrastructure, will present the safety basis vital for OpenLedger to advance its decentralized AI ecosystem.

The collaboration helps OpenLedger’s aim of delivering specialised AI fashions and information that builders can use to coach, fine-tune, and scale workflows extra effectively. OpenLedger is ready to attain a key milestone with the upcoming launch of its testnet, marking a major step in democratizing decentralized AI entry.

A Step Towards Safe and Scalable AI Improvement

“Ether.fi is happy to form the way forward for AI fashions and information infrastructure with OpenLedger,” stated Mike Silagadze, CEO and Co-Founding father of Ether.fi. “By way of the utilization of our safety and operators, we’ll work with OpenLedger to service the rising neighborhood of builders in want of specialised fashions and information for coaching, fine-tuning, and scaling their AI workflows.”

A core contributor from OpenLedger highlighted the significance of safety and decentralization in AI growth, stating: “Decentralization thrives on belief and resilience. Partnering with Ether.fi permits OpenLedger to raise these rules by leveraging their restaking infrastructure. This collaboration displays our shared imaginative and prescient of a decentralized ecosystem that’s safe, scalable, and future-proof.”

Decentralized AI is reshaping the factitious intelligence panorama by shifting away from centralized programs. OpenLedger’s deal with constructing safe, scalable options aligns with the rising demand for clear and distributed AI fashions. By integrating Ether.fi’s confirmed restaking infrastructure, OpenLedger ensures dependable information processing and community stability for builders creating specialised AI fashions.

Constructing Momentum with Sturdy Backing

The partnership follows OpenLedger’s profitable $8 million funding spherical led by Polychain Capital and Borderless, underscoring investor confidence in its imaginative and prescient. This funding additional strengthens OpenLedger’s capacity to help organizations looking for superior AI mannequin growth.

OpenLedger’s testnet is now accessible to builders at testnet.openledger.xyz. It offers a platform for customers to discover the capabilities of decentralized AI, together with mannequin coaching and information verification.



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Tags: CryptoNews.netDevelopmentEther.fiOpenLedgerPartnershipSecures
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