According to Foresight News and reported by The Block, venture capital firm Andreessen Horowitz (a16z) has led a $15 million seed round financing for the AI decentralized data layer project Poseidon. Built on Story Protocol, Poseidon aims to unlock high-quality training data for the 'next generation of entity AI'.
Poseidon is incubated by the Story team and is dedicated to solving the challenge of acquiring high-quality, usable, and legally authorized training data in the field of AI. 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 secure, legally compliant training data through the programmable intellectual property layer and immutable registry of the Story Protocol.
