The decentralized collaborative AI platform FedML announced the completion of a $6 million seed round and pre-seed round financing, led by Camford Capital

ChainCatcher news, the decentralized collaborative AI platform FedML announced the completion of a $6 million seed and pre-seed funding round, led by Camford Capital, with participation from investors such as Plug and Play Ventures, AimTop Ventures, Acequia Capital, and LDV Partners.

According to the data platform Rootdata, FedML is a decentralized collaborative machine learning platform designed for decentralized and collaborative AI at any scale, anywhere. More specifically, FedML provides an MLOps ecosystem that allows for the training, deployment, monitoring, and continuous improvement of machine learning models while collaborating on aggregated data, models, and computing resources in a privacy-preserving manner. (Source link)