Yunity and SingularityNET have announced a partnership to generate over $1 billion in funding for AI and deep tech solutions that benefit humanity. The collaboration aims to accelerate the development and commercialization of impact-driven technologies in a post-AI world.
Seattle-based Yunity is a scalable capital, venture studio and advisory ecosystem that focuses on generating funding for impactful deep tech solutions. SingularityNET offers a marketplace that aims to create a democratic and beneficial artificial general intelligence, or AGI, by leveraging a decentralized network of AI technologies.
The benefits of this partnership include up to $200 million in funding to accelerate early-stage startups innovating AI, web3, robotics, spatial computing and quantum technologies. The partnership will also provide mentorship and advisory support from pioneers in areas including AI/AGI and deep tech. Additionally, there is a commitment to allocate 1 to 10 percent of funding profits towards 501c3 and foundations that benefit human health and the environment.
