FLOCK (FLock.io) rose 9.03% in 24 hours.

Gate News Bot news, on September 4th, according to CoinMarketCap, as of the time of writing, FLOCK (FLock.io) is currently priced at 0.30 USD, with a rise of 9.03% in the last 24 hours, reaching a high of 0.32 USD and a low of 0.23 USD. The current market capitalization is approximately 63.6 million USD, an increase of 5.26 million USD compared to yesterday.

FLock is a blockchain-based federated machine learning platform. The platform aims to provide private AI training infrastructure, enabling collaborative training using local data while maintaining data ownership and privacy. FLock supports fine-tuning of foundational models such as large language models and Stable Diffusion, and implements scalable infrastructure through LoRA. The platform adopts a community ownership model, allowing participants to share data, feedback, and rewards for computing resources.

Important news about FLOCK recently:

1️⃣ Cooperate with Alibaba Cloud to develop advanced AI models FLock.io has established a strategic partnership with Alibaba Cloud to jointly develop advanced AI models. This collaboration will leverage FLock's federated learning technology and Alibaba Cloud's cloud computing resources to promote the development of decentralized AI technology, which is expected to enhance FLOCK's competitiveness in the AI field.

2️⃣ Launch the FL Alliance Program to empower users in AI model training FLock.io has launched the FL Alliance Program, enabling ordinary users to participate in AI model training using everyday devices. This initiative not only expands FLock's user base but also enhances the platform's computing power and data diversity, laying the foundation for the long-term development of the FLOCK ecosystem.

3️⃣ Cooperate with the Hong Kong government's AI project to enhance government efficiency HKGAI has partnered with FLock.io to leverage decentralized AI technology to improve government efficiency. This collaboration showcases the potential application of FLOCK technology in the public sector, which may open up new market opportunities and enhance its influence in enterprise-level solutions.

From a technical perspective, the price of FLOCK has shown a pump trend in the past 24 hours, breaking through the key resistance level of $0.30. This price movement, combined with recent positive developments, may indicate the market's optimism about the prospects of the FLOCK project. However, investors should remain vigilant regarding the potential risk of a pullback in the short term.

This message is not an investment advice; investors should be aware of the risks of market fluctuations.