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OpenLedger and Ether.fi Partner to Boost Decentralized AI with $6B Restaking Infrastructure

OpenLedger and Ether.fi Partner to Boost Decentralized AI with $6B Restaking Infrastructure

CryptoNewsNetCryptoNewsNet2024/12/17 14:44
By:thenewscrypto.com
  • The collaboration will help OpenLedger reach a major milestone of launching its testnet.
  • OpenLedger is committed to developing safe and expandable solutions for developers in order to advance artificial intelligence.
  • With over $6 billion in total value locked via its decentralized protocol, Ether.FI is a pioneer in decentralized restaking infrastructure.

To strengthen network security, Ether.fi and OpenLedger, the data blockchain for AI, have established a strategic alliance. The partnership will improve the security and scalability of OpenLedger’s decentralized ecosystem with $6 billion TVL of Ether.fi’s restaking infrastructure.

The integration with the restaking infrastructure of Ether.fi will help OpenLedger realize its goal of giving developers access to specialized AI models and data so they can effectively train and expand processes. The collaboration will help OpenLedger reach a major milestone in its goal of democratizing access to decentralized AI: the launch of its testnet.

Ether.fi CEO and Co-Founder Mike Silagadze said:

“Ether.fi is excited to shape the future of AI models and data infrastructure with OpenLedger. Through the utilization of our security and operators, we will work with OpenLedger to service the growing community of builders in need of specialized models and data for training, fine tuning, and scaling their AI workflows.”

Core Contributor’s of OpenLedger says:

“Decentralization thrives on trust and resilience. Partnering with Ether.fi enables OpenLedger to elevate these principles by leveraging their restaking infrastructure. This collaboration reflects our shared vision of a decentralized ecosystem that is secure, scalable, and future-proof.”

By dispersing decision-making across networks instead than depending on centralized organizations, decentralized AI is revolutionizing the field of artificial intelligence. Leading this change is OpenLedger, which offers developers scalable solutions while maintaining data security and transparency.

OpenLedger will have a solid foundation to enable the next stage of its growth by incorporating Ether.fi’s tested restaking infrastructure, which will allow it to enroll developers looking to build more smart AI models with verifiable data. For developers and businesses in need of specialized solutions, the partnership will provide secure processing for AI models and processes.

Following the conclusion of a $8 million fundraising round headed by Polychain Capital and Borderless, OpenLedger has partnered with Ether.fi. The investment demonstrates the high level of investor faith in OpenLedger’s mission and puts the business in a better position to assist in the creation of flexible AI models.

You may now visit the OpenLedger testnet at https://testnet.openledger.xyz/.

The decentralized platform OpenLedger is committed to developing safe and expandable solutions for developers in order to advance artificial intelligence. OpenLedger’s creative approach to decentralized AI enables businesses to develop customized models and processes that tackle challenging problems in a variety of sectors.

With over $6 billion in total value locked via its decentralized protocol, Ether.FI is a pioneer in decentralized restaking infrastructure. Ether.FI gives developers and businesses the ability to create scalable, trustless solutions that improve blockchain security across L1 and L2 networks by offering strong security and operational support.

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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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