PANews July 23 news, according to The Block, renowned venture capital firm Andreessen Horowitz (a16z) led a $15 million seed round financing for the AI decentralized data layer project Poseidon. Built on the Story Protocol, Poseidon aims to unlock high-quality training data for the 'next generation of entity AI.' It is reported that Poseidon is incubated by the Story team and is dedicated to solving the challenges of acquiring high-quality, usable, and legally authorized training data in the AI field. a16z Crypto founder Chris Dixon stated that Poseidon's decentralized data layer will establish a new economic foundation for the internet, incentivizing creators and suppliers to provide diverse data inputs for the next generation of intelligent systems. The project will offer AI developers access to IP-secure, legally compliant training data through the programmable intellectual property layer and immutable registry of the Story protocol.