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Peter Thiel’s Founders Fund Co-Leads $85M Seed Round in AI Firm Sentient

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Jul 2, 2024

Peter Thiel’s Founders Fund Co-Leads $85M Investment in Sentient
Sentient, an open-source AI development firm, announced the completion of an $85 million seed funding round. Key participants included Ethereal, Robot Ventures, Symbolic Capital, Delphi, Dao5, Nomad, and Primitive Ventures, with Pantera Capital, Framework Ventures, and Peter Thiel’s Founders Fund leading the round. Sandeep Nailwal, founder of Polygon and a major contributor to Sentient, emphasized the transformative potential of AI and the importance of equitable distribution of AI benefits. Sentient aims to compete directly with OpenAI, as stated by core contributors Pramod Viswanath and Himanshu Tyagi. The funds will be used to accelerate the development of Sentient’s AI platform, with a testnet launch planned for Q3 this year.

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