Decentralization AI network Fortytwo has announced the completion of a $2.3 million pre-seed funding round, led by Big Brain Holdings, with participation from CMT Digital, Escape Velocity Ventures (EV3), Chorus One, Mentat Group, as well as investment angels including Santiago R Santos, Keone Hon, Paul Taylor, and Comfy Capital. Fortytwo is currently developing a new way of reasoning using small language models that operate on everyday devices, aiming to surpass centralized AI in scale and capabilities.

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