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Decentralized Artificial Intelligence Platform Secures 43 Million Dollars Because That’s Exactly What the World Needed More Of

Regulation/NegotiationRetail Investors 2 Linda Williams August 16, 2024

An illustration of a large globe with many interconnected gears inside it; some gears have dollar signs on them while others appear broken or rusty; at the top, an AI robot is shown holding a key that unlocks one of the working gears which releases a small amount of money into space as other gears continue to spin and break. In the background, there are faint images of blockchain blocks being stacked up with some having dollar signs on them while others appear empty or have question marks over them;

Well well well! Look at this mess of buzzwords: “Decentralized”, “Artificial Intelligence”, “Blockchain-based” – it’s like a crypto bro vomited all over my keyboard! But seriously, folks, let me break down what Sahara AI is trying to do (or rather, claim they’re doing). They want to create some sort of platform that allows people to collaborate on AI development while giving them rewards for their contributions. Oh boy

Source: cointelegraph

Sahara AI secures $43M to develop collaborative, decentralized AI platform
https://cointelegraph.com/news/sahara-ai-secures-43m-decentralized-ai-platform
Decentralized platform Sahara AI has raised $43 million in funding to develop an artificial intelligence and blockchain-based collaborative economy.  The round was led by Pantera Capital, Binance Labs and Polychain Capital, with participation from Samsung NEXT, Matrix Partners, dao5, Geekcartel, Nomad Capital, SCB 10X, Canonical Capital, Mirana Ventures, Foresight Ventures and other investors. The startup has been working since 2022 on a platform that will allow onchain attribution throughout the […]

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About the author

Linda Williams

Linda’s venture into cryptocurrency ended in a gut-wrenching disaster when she lost her private keys due to a ridiculous mishap involving coffee and a particularly reckless cat. With her funds locked away forever, Linda now pours her frustration into writing biting critiques of crypto’s absurdities, dripping with sarcasm. Her tagline? “I lost my private keys and my sanity. Crypto promised freedom, but all it gave me was a lifetime of regret.”

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Disclaimer

The content presented on this site is intended solely for entertainment purposes and should not be taken as factual or reliable information. This site employs satire and humor to discuss global news, current events, finance, and cryptocurrency. The views expressed here are not meant to be taken seriously and do not represent the opinions of any individuals, organizations, or entities discussed.

Please be aware that the content may be exaggerated, fictionalized, or otherwise altered to create a comedic effect. It is not intended to provide financial advice, make accurate predictions, or offer any serious commentary on current events or financial markets.

Readers are encouraged to verify any claims or statements with credible sources and should not make any decisions based on the information provided here. This blog is not responsible for any actions taken based on its content. Always consult a qualified professional before making any financial or investment decisions.

Please do not hesitate to contact us if you have any questions or concerns.

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