Collaborative Ai Company Fedml Raises $6 Million

FedML has announced $6 million in funding to spearhead a collaborative AI movement that enables companies and developers to work together on machine learning tasks by sharing data, models, and compute resources. FedML has built an open-source community, enterprise platform, and software tools to make it easier to train, deploy and customize machine learning models at scale across edge and cloud nodes. FedML addresses challenges using federated learning technology, which enables the training of AI models using private or siloed data at the edge without the need to share or move such data. FedML has recently announced partnerships with Theta Network and Konica Minolta for personalized content and rare disease detection applications.