BP-FLAC Secures $10 Million Funding Boost for Global A100/H100 Node Construction
San Francisco, USA, November 18th, 2023, Chainwire
BP-FLAC, a pioneering blockchain-powered federated learning artificial intelligence computing platform, has successfully raised a substantial $10 million in funding. This financial injection is set to propel BP-FLAC’s transformative initiatives, including the allocation of real GPU computing power, the establishment of a global multi-node GPU computing center, the development of a low-code AI training platform, personalized services in AIGC, the mapping of incentives from the testnet to the mainnet, and a token airdrop for early contributors at the mainnet launch.
This funding round received strong backing from prominent investors in the blockchain and high-tech sectors, such as Eureka Partners, Westlabs, Mybitdata Ltd., DecentraLabs, and major tech players Amazon and NVIDIA. The Alkhabeer Fund from the Middle East family office also played a significant role in supporting this initiative.
BP-FLAC stands out in the AI and blockchain market due to its distinctive features:
1. Optimization of zk Algorithm Based on CUDA:
BP-FLAC addresses AI training data privacy concerns by optimizing the zk algorithm based on CUDA, ensuring the security and privacy of data during the AI model training process.
2. Ownership and On-chain Integration of A100 Machines:
BP-FLAC differentiates itself by owning a significant number of high-performance A100 GPU machines and integrating them into the blockchain. This integration guarantees the stability of the blockchain network’s computing power, providing users with efficient computational resources.
3. Pioneering Chip RWA Standard:
Introducing the pioneering Chip RWA Standard, BP-FLAC sets a new benchmark, ensuring a standardized and secure framework for token issuance and exchange based on chip.
The raised funds will be strategically deployed for global expansion, emphasizing intelligent GPU computing power allocation. Additionally, the capital will fuel technology research and development efforts, introducing a low-code AI training platform and personalized AIGC services to drive innovation in AI technology. Community building and ecosystem development are key focus areas, with funds allocated to incentivize mechanisms, developer ecosystems, and partnership relationships.
In mid-2024, BP-FLAC plans to achieve the mapping of incentives from the testnet to the mainnet, rewarding early contributors with a token airdrop upon the mainnet launch. The platform aims to establish decentralized governance within the BP-FLAC community and extend computational services to support fundamental infrastructure like smart cities and meteorology.
“We aim to meet the AI service needs of 200 million users on BP-FLAC in the future,” stated BP-FLAC’s CEO, Alexandrine.
For more information, visit [BP-FLAC](https://www.wod.ai/).
About BP-FLAC:
BP-FLAC (blockchain-powered federated learning artificial intelligence computing platform) is the first-generation generative foundational infrastructure public chain with unlimited computational aggregation capabilities. It is a Turing-complete ecological network supporting AI big computing power and intelligent applications.
Disclaimer: This is a sponsored press release for informational purposes only. It does not reflect the views of Crypto Daily, nor is it intended to be used as legal, tax, investment, or financial advice.
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