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Flower Labs Hits $100M Valuation, Pioneers Edge AI Training

February 19, 2024
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  • Flower Labs Valued at $100 Million: Secures $20 million in funding, led by Felicis Ventures, for its federated learning technology, reaching a $100 million valuation.
  • Innovative Federated Learning Technology: Flower Labs offers a method for training AI models “at the edge,” preserving data privacy and security, attracting interest in healthcare, financial services, and defense industries.
  • Expanding Federated Learning’s Reach: Plans to grow the developer community and staff, aiming to unlock private, distributed data for AI training, potentially transforming AI model training with mobile processing power.

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