Allora Labs, a contributor to Allora Network, recently closed a strategic funding round, bringing its total funding to $35 million. The round aims to bring in additional strategic partners that will play a key role in developing the network and advancing Allora's mission to create a decentralized collective intelligence network. Allora Labs' investors to date include Polychain, Framework Ventures, CoinFund, Blockchain Capital, Archetype, Slow Ventures, Mechanism Capital, Delphi Digital, and others.
Allora Network is a decentralized, self-improving machine intelligence network that powers applications through an evolving system of machine learning models. Using innovative crowdsourcing mechanisms (e.g. peer prediction), reinforcement learning, and regret minimization, Allora is creating a new realm of possibilities at the intersection of AI x crypto.
Allora Labs, a contributor to Allora Network, completes a new round of strategic financing
2024-06-24 19:32:56
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