TechFlow news, on September 20, Flora Growth Corp. (Nasdaq: FLGC) announced it has secured $401 million in financing, including a $22.88 million strategic investment from Defi Development Corp. The company will be renamed ZeroStack, focusing on developing "0G"—a groundbreaking AI distributed infrastructure project.
The 0G project has achieved distributed training of a 107 billion-parameter model, improving efficiency by 357 times compared to Google's existing technology, demonstrating that large-scale AI models can operate efficiently in a decentralized environment. The transaction is expected to close on September 26, 2025, and the company will retain the stock ticker "FLGC".
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