OpenLedger Gains $6B Security via Ether.fi for Specialized AI Model Development
Singapore, Singapore, December 17th, 2024, Chainwire
OpenLedger, the data blockchain for AI, has announced a strategic partnership with Ether.fi to bolster network security. The collaboration will leverage Ether.fi’s restaking infrastructure with $6 billion TVL to enhance the security and scalability of OpenLedger’s decentralized ecosystem.
The integration with Ether.fi’s restaking infrastructure will support OpenLedger’s vision of providing specialized AI models and data for developers to efficiently train and scale workflows. The partnership will support OpenLedger as it prepares for the launch of its testnet, a significant milestone in its mission to democratize access to decentralized AI.
Ether.fi CEO and Co-Founder Mike Silagadze said: “Ether.fi is excited to shape the future of AI models and data infrastructure with OpenLedger. Through the utilization of our security and operators, we will work with OpenLedger to service the growing community of builders in need of specialized models and data for training, fine tuning, and scaling their AI workflows.”
Core Contributor’s of OpenLedger says: “Decentralization thrives on trust and resilience. Partnering with Ether.fi enables OpenLedger to elevate these principles by leveraging their restaking infrastructure. This collaboration reflects our shared vision of a decentralized ecosystem that is secure, scalable, and future-proof.”
Decentralized AI is transforming the artificial intelligence landscape by distributing decision-making across networks rather than relying on centralized entities. OpenLedger is at the forefront of this shift, creating scalable solutions for developers while ensuring data security and transparency.
By integrating Ether.fi’s proven restaking infrastructure, OpenLedger will gain a strong foundation to support the next phase of its development, enabling it to onboard developers seeking to create smarter AI models with verifiable data. The collaboration will ensure secure processing for AI models and workflows, a critical requirement for developers and organizations in need of specialized solutions.
OpenLedger’s partnership with Ether.fi follows the completion of an $8 million funding round led by Polychain Capital and Borderless. The funding highlights strong investor confidence in OpenLedger’s vision and further positions the company to support the development of adaptable AI models.
The OpenLedger testnet can now be accessed here: https://testnet.openledger.xyz/
About OpenLedger
OpenLedger is a decentralized platform dedicated to advancing artificial intelligence by creating secure and scalable solutions for developers. Through its innovative approach to decentralized AI, OpenLedger empowers organizations to create specialized models and workflows that address complex challenges across industries.
Learn more: https://www.openledger.xyz/
Discord: https://discord.com/invite/OpenLedger
About Ether.FI
Ether.FI is a leader in decentralized restaking infrastructure with more than $6 billion in Total Value Locked secured through its decentralized protocol. By providing robust security and operational support, Ether.FI enables developers and organizations to build scalable, trustless solutions that enhance blockchain security throughout L1 and L2 networks.
Learn more: https://www.ether.fi/
