New York, NY – January 26, 2024 – Just two months after igniting the AI world with its groundbreaking testnet release, CiferAI has defied expectations and achieved the seemingly impossible: the official launch of its revolutionary mainnet. This landmark event marks not just the arrival of a robust and functional blockchain network, but the unveiling of a decentralized federated learning framework poised to reshape the future of collaborative AI development.

"Building a secure and scalable mainnet in such a short timeframe while simultaneously pioneering a novel federated learning architecture was a herculean task," said Miranda Son, Founder and CEO of CiferAI. "But our team's unwavering dedication and technical brilliance have brought this ambitious vision to life. Today, we stand at the precipice of a new era in AI, where data privacy, security, and collaborative innovation can finally coexist and thrive."

CiferAI's mainnet marks the beginning of the democratic revolution of AI ecosystem, granting its citizens including data providers, researchers, developers, and organizations an equal right to AI developments. “This decentralized federated learning framework removes the traditional silos and empowers diverse participants to collectively contribute their expertise and data in a secure and transparent manner, leading to the development of more robust and generalizable AI models," emphasized Dr. Krikamol Muandet, CoFounder and Chief Research Officer at CiferAI. "This is a game-changer for industries ranging from healthcare and finance, drug discovery, to autonomous vehicles and beyond."

Beyond its groundbreaking technology, CiferAI's momentum is undeniable. The company has been recognized as a rising star by the prestigious Google Startup Program, receiving a $350,000 grant for Google Cloud services and extensive support. This strategic partnership will fuel CiferAI's continued growth and innovation, as it leverages Google Cloud's high-performance infrastructure to further optimize its AI-blockchain integration.

“We are deeply grateful for Google's sponsorship and support. Google's advancements in technology, particularly their pioneering work in federated learning since 2017, have been a continuous source of inspiration for us. Our curiosity about enhancing the advantages and addressing the disadvantages of the centralized nature of traditional federated learning led us to explore decentralized solutions. Implementing decentralized federated learning, which combines AI and blockchain, has been a complex yet noble endeavor. We are proud to say that CiferAI has made this integration not only possible but accessible and efficient for AI developers and data contributors worldwide. Utilizing Google Cloud has been instrumental in turning our vision into a practical reality. This collaboration marks a historic step towards democratizing AI. As we look to the future, our next step includes integrating seamlessly with TensorFlow, further aligning our efforts with the cutting-edge advancements in AI technology," said Miranda Son.

The successful mainnet launch paves the way for exciting developments in the near future. CiferAI is gearing up for its upcoming Initial Coin Offering (ICO), which will provide the community with an opportunity to participate in the company's transformative vision. With its unwavering commitment to transparency and inclusivity, CiferAI is poised to empower a global community of AI enthusiasts to build a more intelligent and collaborative future.