Sentient, a pioneering AI startup, has successfully completed an $85 million seed funding round. The funding was co-led by Peter Thiel’s Founders Fund, Pantera Capital, and Framework Ventures. Additional participation came from Ethereal Ventures, Robot Ventures, Symbolic Capital, Delphi Ventures, Republic, Arrington Capital, and several other notable venture capital firms.

“We are thrilled to announce Sentient’s $85M seed round, co-led by Founders Fund with Peter Thiel, alongside Pantera Capital and Framework Ventures. This marks a pivotal step in aligning AI development toward a community-built open AGI platform,” reads the company’s post on X (formerly Twitter).

Sentient, co-founded by Sandeep Nailwal, founder of Polygon, is focused on integrating blockchain technology with artificial intelligence to create decentralized AI solutions. The startup’s open-source platform aims to enable developers, researchers, and businesses to be compensated for their contributions to AI tools.

The ‘core contributors’ to Sentient include Nailwal; Pramod Viswanath; Forrest G Hamrick, Professor of Engineering at Princeton University; Himanshu Tyagi, Associate Professor at the Indian Institute of Science (IISc); and AI venture studio Sensys. This diverse team brings extensive expertise in blockchain technology, AI research, and ecosystem building.

“It [Sentient] will be built on Polygon Agglayer, and I will be helping them as a core contributor. This project is extremely ambitious, and with model loyalty, it is trying to solve a problem that has never been approached from this direction. With this fundraise, Sentient already has some of the world’s best AI minds joining it, and the AI team is getting pretty stacked with senior people from Google, Deepmind, and other top AI companies in the world engaged,” said Nailwal in a post on X.

Sentient’s mission is to ensure ownership rights in AI development and to initiate an ‘era of fair AI entrepreneurship.’ The company emphasized its commitment to the equitable distribution of AI benefits and aligning AI’s growth with global interests. “Our vision at Sentient is to ensure AI benefits humanity as a whole. By creating an open platform for AGI development, we aim to distribute AI’s benefits equitably and align its growth with global interests,” the company stated.

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