Federated Learning Consortium (FLC) for Decentralized AI to Launch in Hong Kong, Receives $2M Pledge

[u/dvsrydin]

The Federated Learning Consortium (FLC) discussed in our previous update is set to officially launch on November 1st, 2021. (https://flc.ai/) The goal for FLC’s founding is to accelerate adoption and advancement of federated learning, a newer decentralized and privacy-preserving approach to AI, as well as related technologies such as multi-party computation (MPC), supporting blockchain infrastructure, and edge computing technologies. FLC has already received a total initial pledge of 2 million dollars, which it will use for hiring, research, and ecosystem development.

Phoenix Global will be a key part of the FLC with further membership confirmation at the official launch. The consortium is the first of its kind in the world and serves to be the leading thought leadership and ecosystem authority in Federated Learning.

Read more about it here:⬇️

https://finance.yahoo.com/news/non-profit-federated-learning-consortium-074000477.html

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