According to Deep Tide TechFlow news on July 22, The Block reported that venture capital firm Andreessen Horowitz (a16z) led a $15 million seed round financing for the AI decentralized data layer project Poseidon.
Poseidon is built on the Story Protocol, aiming to unlock high-quality training data for the next generation of physical AI. Poseidon is incubated by the Story team, dedicated to addressing the challenge of obtaining high-quality, usable, and legally authorized training data in the field of AI.
Chris Dixon, founder of a16z Crypto, 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, compliant training data through the programmable intellectual property layer and immutable registry of the Story protocol.