New post Need visibility? Apply for a FREE post for your Startup.  Apply Here

ArticleArtificial IntelligenceRandom

San Francisco-Based AI Platform Lumino Raises $2.8M In Pre-Seed Funding

1 Mins read

Lumino, a startup based in San Francisco, California, specializing in open, efficient, accessible, and cheaper AI infrastructure powered by blockchain and crypto.

In a recent report, the company announced that it has successfully secured $2.8 million in Pre-Seed funding. The funding round saw participation from a notable group of investors, including Longhash Ventures, Inception Ventures, Protocol Labs, TRGC, L2IV, Zero Knowledge Ventures, Fenbushi Capital, Quaker Capital Investments, OrangeDAO, and Escape Velocity.
With this financial support, Lumino aims to bolster its operations and ramp up its development efforts.

The California-based AI infrastructure was established in July 2023 by Eshan Chordia and Yogesh Darji. Lumino is dedicated to creating an integrated hardware and software compute protocol tailored for AI workloads. Their innovative approach leverages economic incentives to pool compute resources, blockchain technology to ensure accurate model training, and a user-friendly SDK for seamless developer integration. Through the Lumino SDK, customers can initiate AI model training within minutes, streamlining the development process and empowering developers to harness the power of AI efficiently.

Don’t miss any tech news ever!

We don’t spam! Read our privacy policy for more info.

353 posts

About author
We are the same, we may only be different in our experiences, values and exposures. Technology is a big part of my experience, learning is one of my values and writing my credible means of exposure.
Articles
Related posts
ArticleRandom

WhatsApp Introduces Passkey Feature on iOS

2 Mins read
Trying to remember many passwords for my various social accounts and other online platforms can be very challenging since it is unsafe…
ArticleRandom

Meta Set To Include An In-app Dailer On WhatsApp Chat

2 Mins read
WhatsApp the messaging giant seems to be on a revolutionary spree: first was the inclusion of a chatbot – Meta Ai, Whatsapp’s…
Random

Block Unveils New Bitcoin Mining Chip, Sets Sights on Full Mining System

2 Mins read
Jack Dorsey’s Block, the digital payments company formerly known as Square, has made a significant stride in the world of cryptocurrency mining….
Newsletter Subscription

🤞 Don’t miss any update!

We don’t spam! Read more in our privacy policy

Join our Telegram channel here - t.me/TechpadiAfrica

Leave a Reply