The decentralized AI development protocol RICE AI has just secured Series A financing, with FLOKI leading the investment, followed by roles such as DWF Labs, TokenFi community presale, and Vibe Labs, making for a substantial lineup.
RICE AI primarily focuses on AGI robot development, supported by its own RICE token. In simple terms, it aims to solve the longstanding issue of insufficient AI data for robots by planning to use a crowdsourcing approach to collect data on a large scale, while simultaneously training the foundational model for robots (RFM).
Currently, the connection between AI and the crypto space is growing stronger, and FLOKI, which inherently carries some traffic, stepping in to lead the investment likely indicates confidence in the potential of this field. $FLOKI