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PrivateAI Secures Strategic Funding from DAO Maker and Others

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#DeFi
TechFlow
301Words
Jun 14, 2024

PrivateAI, a decentralized artificial intelligence protocol led by former executives from Fantom, Filecoin, Dogecoin, and Syscoin, has completed a strategic funding round. The round saw participation from notable investors including $DAO Maker, Gains Associates, Dextools Ventures, Connectico Capital, DOGE.ORG, Stone Block Association, 32 Ventures, Lunar Digital Assets, Pinnacle VC, Samara Asset Group, Snova Capital, and Meezan Ventures. PrivateAI operates as a peer-to-peer data-as-a-service (P2P DaaS) network, facilitating secure data transactions between data owners, producers, and potential buyers such as AI engineers, data analysts, and research institutions.

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