Poseidon, a company focused on the decentralized data layer for AI training workflows, has secured $15 million in seed funding, led by a16z crypto, the cryptocurrency fund of Andreessen Horowitz. This funding underscores the rising interest in blockchain solutions for artificial intelligence.
Poseidon addresses the growing challenge of sourcing high-quality, ethically licensed training data. As AI models exhaust the available datasets, the need for diverse and IP-cleared real-world data becomes increasingly essential, particularly for applications such as robotics.
This platform uses decentralized infrastructure and connects with Story Protocol, enabling:
- Traceable Data Exchange: Data contributions are consented to and registered on-chain.
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Enforceable Licensing: Clearly defined licensing for commercial use protects AI developers from IP risks.
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Creator Monetization: A framework for compensating data contributors.
This investment highlights the convergence of Web3 technologies and AI. Poseidon aims to be a foundational layer for future AI development, emphasizing data integrity and ethical sourcing.
How the funding will be used: The funding round will advance the development and rollout of Poseidon’s innovative infrastructure stack, which includes contributor modules, software development kits (SDKs), and integrated licensing tools. The company anticipates providing early access for AI developers and data contributors this summer.
