FedML (Accelerator)

Funding Details
Awarder
PlugAndPlayTechCenter
Date Award
May 15, 2024
Funding URL
View Funding Page

Company Info
Company Description
FedML (https://fedml.ai) provides an open source community and an enterprise platform for decentralized and collaborative AI, and a web 3 marketplace for everyone to monetize their data, ML models, and AI applications. At the “platform” layer, FedML enables open, collaborative, and privacy-preserving AI over decentralized data and decentralized users, without the need to move any data between them or to a central cloud. At the “Application Ecosystem” layer, FedML supports vertical solutions across a broad range of industries (healthcare, finance, insurance, smart cities, IoT, etc.) and applications (computer vision, natural language processing, data mining, time-series forecasting, etc.). At the “web 3 Marketplace” layer, FedML empowers AI enterprises or end-users to learn from the dataset(s) of a “data owner” and helps data providers and developers to monetize their data, models, and AI applications. FedML is backed by leading VCs and has been adopted widely (2000+ open source community members, 700+ enterprise users, and 8+ enterprise B2B contracts).

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