Startup seeks to unveil privacy-preserving federated learning platform

New startup DynamoFL seeks to enter the federated learning marketplace with technology to help more industries subject to data privacy laws train artificial intelligence systems without sharing potentially sensitive information across systems, TechCrunch reports. DynamoFL CEO Vaikkunth Mugunthan said, "We discovered an enormous market for federated learning after we received repeated work offers from leading finance and technology companies that were trying to build out federated learning internally in light of emerging privacy regulations. ... During this process, it was clear that these organizations were struggling to stand up federated learning internally and we built DynamoFL to address this gap in the market."