Prem Labs, an AI company founded by decentralized AI platform SingularityNET, completes $14 million seed round of financing

Decentralized AI platform SingularityNET co-founder Simone Giacomelli's new AI company Prem Labs has completed a $14 million seed round of financing, with investors including David Maisel, founder of Marvel Studios, Fan Zhang, co-founder of Sequoia Capital China, and Alan Lipschitz, founder of Incubeta. David Maisel has been appointed as a member of Prem Labs' advisory committee. Prem is committed to democratizing AI model creation, enabling businesses and individuals to train, deploy, and own their own AI models. According to LinkedIn, Simone Giacomelli served as co-founder of SingularityNET from June 2017 to June 2019.

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