Andreessen Horowitz (a16z) leads the 15 million USD funding round for the Poseidon project, a decentralized data layer for the new generation of AI.
Poseidon is developed on the Story Protocol platform, focusing on unlocking quality, legal training data for physical AI, creating a new economic foundation for the intelligent Internet ecosystem.
MAIN CONTENT
Poseidon has received 15 million USD in seed funding led by a16z to develop a decentralized data layer for AI.
The project is built on Story Protocol, providing quality, legal training data while protecting intellectual property rights.
Poseidon aims to create a new economic foundation for the Internet, encouraging contributions of diverse and legally safe data.
What is Poseidon and what are the goals of this project?
Poseidon is a decentralized data layer for physical AI, aimed at unlocking high-quality and legally clear training data. Supported by the Story Protocol team, Poseidon addresses the lack of legal training data for AI, in order to promote the development of next-generation intelligent systems.
Providing data safely and legally helps AI developers avoid legal risks while enhancing the diversity and quality of input data, thereby improving the effectiveness of AI models.
Why did Andreessen Horowitz (a16z) invest in Poseidon?
According to Chris Dixon, the founder of the cryptocurrency division at a16z, Poseidon's decentralized data layer will create a new economic foundation for the Internet by encouraging creators and data suppliers to participate. This not only fosters the development of diverse data for AI but also ensures the intellectual property rights and legality of the data sources.
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.
Chris Dixon, Founder of a16z Crypto, 07/23/2024
a16z leading the 15 million USD funding round demonstrates strong confidence in Poseidon's vision and innovative potential in the fields of AI and cryptocurrency.
What technology platform does Poseidon operate on?
Poseidon is built on Story Protocol, a platform that enables IP management through programming code and records immutable data. As a result, all training data provided by Poseidon is strictly controlled in terms of usage rights, legal protection, and transparency with AI developers.
This mechanism helps create a secure data layer for IP, supporting developers in accessing legal data sources, minimizing copyright infringement risks, and enhancing the reliability of AI models based on data.
How does Poseidon impact the AI and cryptocurrency markets?
Poseidon transforms the data economy in the AI industry, building an ecosystem for data creators and AI developers to interact effectively on a decentralized platform. The project helps address the bottleneck of quality training data, which is a critical issue in current AI development.
High-quality, legally authorized data is the key to building trustworthy AI systems, and Poseidon is setting a new standard in this direction.
Chief Technology Officer of Story Protocol, 2024
Frequently Asked Questions
How does Poseidon differ from traditional AI data platforms?
Poseidon provides decentralized data, protects intellectual property rights, and ensures legal compliance, helping reduce legal risks for AI developers compared to traditional centralized models.
How does this project help AI developers?
Through Story Protocol, developers can access diverse, legal, and IP-safe data sources, optimizing the training process and improving the quality of AI models.
Who are Poseidon's main investors?
Andreessen Horowitz (a16z), one of the largest and most reputable investment funds in the field of cryptocurrency and technology, led the seed funding round of 15 million USD.
Does Poseidon ensure the legality of training data?
Data is managed through Story Protocol with a programmable intellectual property layer, recording immutable data, ensuring legal data sources for AI.
What is the role of Story Protocol in Poseidon's ecosystem?
Story Protocol provides the technical infrastructure to protect IP and record immutable data, helping Poseidon create a secure and legal data layer for AI.
Source: https://tintucbitcoin.com/poseidon-nhan-von-seed-15-trieu-usd/
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