A16z Crypto leads $15M Poseidon raise to decentralize AI training data

Poseidon secures $15 million led by a16z Crypto to build a decentralized, IP-cleared data pipeline for AI training.

Poseidon has secured $15 million in seed funding led by a16z Crypto to build a decentralized data layer designed for artificial intelligence training.

The San Francisco-based full-stack AI data layer said it aims to tackle the scarcity of high-quality, IP-cleared training data in AI development, according to a Tuesday announcement shared with Cointelegraph.

“LLMs and compute are no longer the bottlenecks; it’s high-quality data that’s missing,” said Sandeep Chinchali, Poseidon’s chief scientist and also chief AI officer at its incubator, Story Protocol.

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