The 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 (AI), has secured $85 million in a seed funding round led by Peter Thiel’s Founders Fund alongside Pantera Capital and Framework Ventures.
According to a July 2 announcement, the funds will support the hiring of engineers and the development of Sentient’s open AI platform. The startup is an AI research organization that wants to enable AI developers to monetize their open-source models and data, similar to other ecosystems such as the Super Intelligence Alliance.
“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.
