Decentralized AI network Allora raises $3 million ahead of mainnet launch

Allora Labs, formerly known as Upshot and focused on NFT appraisals, has secured $3 million in a strategic funding round before launching its decentralized AI network. This funding round, with contributions from Archetype, Delphi Ventures, CMS Holdings, ID Theory, and DCF God, brings Allora’s total capital to $35 million. The Allora Network aims to enhance AI collaboration and performance by creating a decentralized environment for machine learning models.

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