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3 Latest Announced Rounds

  • $10,500,000
    Unknown

    3 Investors

    HVAC and Refrigeration Equipment Manufacturing
    Nov 5th, 2024
  • $4,000,000
    Series A
    Financial Services
    Nov 5th, 2024
  • $1,000,000
    Pre-Seed

    1 Investors

    Data Infrastructure and Analytics
    Nov 5th, 2024
$1,349.98M Raised in 67 Funding Rounds in the past 7 Days - View All

Funding Round Profile

Inference Labs Inc.

start up
Canada - Hamilton, Ontario
  • 16/04/2024
  • Pre-Seed
  • $2,300,000

Building at the crossroads of AI and web3

A world where AI is deeply entwined with the global digital economy is fast approaching. As we navigate through this nascent and pivotal stage in AI's evolution, we acknowledge its profound implications and incredible scale at consolidating a massive amount of data collection and processing.

It is imperative we all take on the role of stewardship and deep conviction with the development of AI in this early stage. We must ensure AI is aligned with the principles of free speech, democratic values, and a diverse dataset with the voices and opinions of many. This key phase necessitates steadfast determination, vision, and a globally inclusive mission, to thwart the risk of AI's monopolization by proprietary, closed development for misuse or influence against the global populace.

This highlights why it's necessary for AI to be adaptable, user-friendly, and provide the least barriers to entry for all. It's critical in order to counterbalance the misuse seen in the past two decades by dominant tech companies. In order for AI to truly fulfill its potential, it needs to be democratized and widely distributed, which is why it's essential to encourage broad participation instead of concentrating power.

Successfully realizing our mission lies in the implementation of our core thesis, which states AI will be modular rather than monolithic. This stands in stark contrast to centralized corporations, as we adopt an open-source approach.


Related People

Colin GagichCo Founder

Colin Gagich Canada - Hamilton, Ontario

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