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Shardeum raised $5.4 million from Amber Group, Galxe and others

Shardeum, an Ethereum Virtual Machine (EVM)-based sharded blockchain, raised $5.4 million in from Amber Group, Galxe, J17 Capital, TRGC, Jsquare, Bware Labs, Tané Labs, Hyperithm Group, Luganodes, Blockchain Ventures Hub, CryptoViet Ventures, and Blue7.

How ContextNet Works

ContextNet utilizes a transformer-based neural network architecture, which has proven highly effective in natural language processing tasks. The system takes into account the words and phrases preceding and following a particular sentence or phrase to grasp its intended meaning more accurately. By considering the contextual cues, such as the overall discourse or the topic being discussed, ContextNet can disambiguate ambiguous words and capture the nuanced semantics of the text.

The researchers trained ContextNet on vast amounts of diverse textual data from various sources, enabling it to learn patterns and correlations between words and their contextual usage. The system has demonstrated impressive results in several language understanding benchmarks, surpassing existing state-of-the-art models.

Potential Applications and Future Developments

The development of ContextNet opens up exciting possibilities for numerous applications in natural language processing. The system can enhance machine translation, sentiment analysis, chatbots, and information retrieval systems by providing a deeper understanding of language and context.

The researchers also aim to further improve ContextNet by incorporating multi-modal inputs, such as images or audio, to create a more comprehensive understanding of language. This expansion into multi-modal learning will enable the AI system to analyze and interpret text within the broader context of visual or auditory information, leading to more advanced language understanding capabilities.

As AI continues to advance, systems like ContextNet pave the way for more sophisticated language processing and comprehension. With its ability to grasp contextual cues, the system shows great potential for transforming various domains reliant on accurate language understanding, ultimately enhancing human-machine interactions and facilitating more efficient information retrieval and analysis.

The post Shardeum raised $5.4 million from Amber Group, Galxe and others appeared first on StartupNews.fyi.

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