OpenGradient, a leading decentralized AI infrastructure company, has raised $8.5M in seed funding. With a mission to accelerate open-source AI, OpenGradient democratizes model ownership, streamlines AI deployment, and enables universal access to AI. OpenGradient’s end-to-end decentralized platform offers scalable AI compute on-chain, ensuring verifiability and attribution while enhancing security for AI deployment and hosting. Its multi-layer technology stack includes an EVM-compatible blockchain with its innovative heterogeneous AI compute architecture (HACA) and a proprietary library of feature-rich tools to support and scale secure AI...

Today, LG Innotek (CEO Moon Hyuksoo) announced the development and application of the industry’s first “Artificial Intelligence (AI)-based inspection system for incoming raw materials”, designed to detect defects at the point of receipt and prevent the use of substandard raw materials in the process. LG Innotek applied its AI-based inspection technology, developed by combining material information and AI image processing technologies, to the RF-SiP (Radio Frequency System-in-Package) process. Recently, the technology was also introduced for the FC-BGA (Flip...

Oracle Financial Services Summit — Oracle Financial Services has been named the category leader in the inaugural RiskTech AI 50 2024 report by Chartis Research, a global leader in risk technology research and analysis. Oracle secured the highest overall ranking amongst fifty industry players, highlighting its success in delivering powerful AI solutions – from infrastructure to AI-enabled applications – that are helping financial services organizations operate more efficiently and mitigate risk. The RiskTech AI 50 report recognizes leaders...