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Sentient closes $85M seed round for open-source AI

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Sentient’s seed round was led by Peter Thiel’s Founders Fund alongside Pantera Capital, Framework Ventures and others.

Sentient, an open-source development platform for artificial intelligence , has secured $85 million in a seed funding round led by Peter Thiel’s Founders Fund alongside Pantera Capital and Framework Ventures.

“We are in an era reminiscent of the 1995 closed-source software landscape. At present, the dominance of closed-source AI has centralized immense power with a few organizations. Although open-source AI development exists, it lacks sufficient incentives for developers and does not enable them to be equal stakeholders,” the company stated.

According to Sentient, its underlying blockchain protocol and incentive mechanism will ensure economic alignment for developers, enabling the evolution of open artificial general intelligence.

 

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