Allora Labs, a contributor to Allora Network, completes a new round of strategic financing
Allora Labs, a contributor to Allora Network, recently completed a strategic financing round, bringing its total financing to $35 million. This round of financing aims to introduce more strategic partners who will play a key role in developing the network and promoting Allora's mission to create a decentralized collective intelligence network. So far, Allora Labs' investors include Polychain, Framework Ventures, CoinFund, Blockchain Capital, Archetype, Slow Ventures, Mechanism Capital, Delphi Digital, and others.
Allora Network is a decentralized, self-improving machine intelligence network that supports applications through a constantly evolving system of machine learning models. Using innovative crowd-sourcing mechanisms (such as peer prediction), reinforcement learning, and regret minimization, Allora is creating a new realm of possibilities in the intersection of AI and encryption.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
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